According to the tax authority’s interpretation, accommodation in kind can be provided tax free not only for a short term assignment but also for expatriates. Cash compensation for accommodation is taxable as employment income.
Information about Hungary:
Last updated 7 May 2008
This information has been provided by IB Grant Thornton Hungary, a member firm within Grant Thornton International Ltd and is for informational purposes only. Neither IB Grant Thornton Hungary nor Grant Thornton International Ltd can guarantee the accuracy, timeliness or completeness of the data contained herein. As such, you should not act on the information without first seeking professional tax advice.
Disclaimer
For further information on expatriate tax services in Hungary please contact Waltraud Körbler.
© 2008 Grant Thornton International Ltd – All rights reserved
