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Audits of Fiduciary Asset Managers Set to Begin

31 July 2026 Henrik Bereznai | Ákos Baráti | 31 July 2026

While the government is once again proposing to amend the tax rules governing fiduciary asset management, it would also make tax audits mandatory in respect of existing fiduciary asset management arrangements. The measure aims to uncover structures created primarily to obtain tax advantages and to recover tax benefits obtained through the abuse of rights.

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tax audit, wealth planning

Inheritance at Risk: The Tax Trap Facing Hungarian Families with Children Abroad

11 March 2026 Péter Hosszú | 11 March 2026

It is well known that inheritance between direct relatives is tax-free in Hungary, meaning that no public charges have to be paid when inheriting from one’s parents. However, the situation becomes more complicated when there is an international element to the inheritance: either the children live abroad or part of the estate is located abroad. In such cases, careful planning is required to ensure that a death does not result in unpleasant tax consequences in addition to its emotional strain.

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inheritance, wealth planning

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The law is constantly in flux. While many people may find this intimidating, for us it’s precisely what makes it so exciting. We’d like to share this attitude with businesspeople and managers, and with those who just have an interest in business law, in the form of a regularly updated blog that discusses the latest tax law and commercial law issues in an accessible style. Feel free to send your questions and suggestions for topics you’d like us to cover to blog@jalsovszky.com.