In our newsroom, you can find a selection of recent major news and updates related to Hungarian legal developments.
EU Digital COVID certificate: 9-month mandatory acceptance period
On 21 December 2021 the European Commission adopted new rules related to the EU COVID certificate, which says that the vaccination certificate must be accepted for period of 9 months (270 days) with respect to traveling in the EU. Due to the new measures, the clear and uniform acceptance period will guarantee the coordinated travel rules in the EU Member States, which is in line with the core values of the EU, such as the Single Market and the right to free movement.Read more
Proposal to end the misuse of shell entities for tax purposes
On 22 December 2021 the European Commission presented a key initiative to fight against the misuse of shell entities for improper tax purposes. Based on the proposal, it should be ensured that entities in the European Union that have no or minimal economic activity are unable to benefit from any tax advantages and do not place any financial burden on taxpayers. This will also protect the level playing field for the vast majority of European businesses, who are key to the EU's recovery, and will ensure that ordinary taxpayers do not suffer additional financial burden due to those that try to avoid paying their fair share.Read more
Expert consultations on Taxonomy Complementary Delegated Act
On 31 December 2021 the European Commission began consultations on a draft text of the Taxonomy Complementary Delegated Act covering certain gas and nuclear activities with the Member States Expert Group on Sustainable Finance and the Platform on Sustainable Finance.Read more
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