Hungary releases updated CRS and FATCA guidance

On 24 January 2019, the Hungarian Parliament published an updated version of the guidance for Common Reporting Standard (“CRS”) reporting (Link-Hungarian). The 2018 reporting guidance includes the list of reportable jurisdictions.

In addition, on 5 February 2019, the documents for the 2018 FATCA tax return and related guidance have also been made available (Link-Hungarian).

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