Hungary: VAT slashed for residential buildings

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Related briefings

Hungary: Introducing the managing director without representation rights

Hungarian law has always permitted shareholders of a company to limit the power of the company’s managing director(s). Thus, it has also been allowed to appoint a managing director without any right to represent the company. However, so far, the limitation on the representation rights of a managing director could not be registered in the […]

Hungary: Influencers have been targeted by the HCA, but what about buying followers?

Society is undergoing a new industrial revolution – with the global development of the Internet, life has changed radically in just a few decades, and legislation can barely keep up with adapting to a situation that was previously unimaginable. The Hungarian Competition Authority (HCA) has also been monitoring developments and it has not been afraid […]

The time has come: Federal Procurement Act 2018 just around the corner in Austria

More than four years after the entry into force of the new EU Public Procurement Directive (2014/24/EU), more than two years after the deadline for transposition and more than one year after publication of the first transposition draft, the time has come. Following the respective resolutions of the Council of Ministers and the Federal Council […]

Hungary: Decline in turnover as grounds for dismissal

Under certain circumstances, companies may decide to restructure their internal organisation in order to: increase efficiency; reduce costs; or focus on other areas of operation. If a company’s turnover declines and its business is suffering, it may force decision makers to reorganise its operations, which often results in redundancies. Hungarian law generally requires employers to […]

Czech Republic: Competition Authority fines firm for restrictive clauses in lease agreements

Restrictive clauses are common in commercial lease agreements. Such clauses can limit a landlord’s ability to lease property to other tenants, restrict a tenant’s business activities to a certain geographical area or control the subleasing of property. Breaching such a clause can often lead to strict contractual penalties. Restrictive clauses in lease agreements may appear […]

Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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