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In our previous article, we outlined the key personal income tax and transfer tax issues relating to trusts in Hungary. We will now move on to examine what other tax considerations are worth bearing in mind – with particular regard… MORE

The Hungarian fiduciary asset management is a legal arrangement similar to Anglo-Saxon trusts, involving three parties: the settlor, who transfers the assets; the trustee, who manages them; and the beneficiary, who receives a share of the assets and/or their income…. MORE