Hungary: Proposed decrease of standard withholding tax rate
The Hungarian Parliament plans to include, within the next year, a tax package highlighting the decrease of the withholding tax rate on interest and dividends from 16% to 15%. The expected effective date is 1 January 2016.
As soon as the relevant forthcoming law provisions are approved and published, we will inform customers accordingly and explain the impacts on investors.
| This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice. |