The Hungarian office of Mazars published for the eighth time its regional tax guide, which presents snapshots and comparative charts of the tax systems of 21 CEE countries for 2020.
In a bid to best serve investors eying the region, Mazars’ CEE Tax Guide analyzes and summarizes tax changes in 21 countries and also points at prevalent trends and underlying strategies in taxation. In addition to the Visegrád Four, this year’s publication also includes the countries of South-East Europe, Russia, Ukraine, and the Baltic states.
The 2020 survey puts spotlight on labor costs, indirect taxes, corporate income tax, and transfer pricing across the researched markets.
Highlights of 2020:
- Wage levels and labor costs vary significantly in the countries of the region;
- The pandemic may change the role of direct taxes;
- Tax authorities increasingly scrutinize intra-group transactions in most markets;
- By 2020 several countries in the region have introduced exit taxations.
We hope and trust that you will find this summary useful and inspiring.