Hungary should urgently implement long-standing OECD Anti-Bribery Recommendations, enforce its foreign bribery laws and improve its engagement with the Working Group on Bribery.
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Hungary decreased by 2.1 percentage points from 36.1% in 2020 to 34.0% in 2021. Between 2020 and 2021, the OECD average increased from 33.6% to 34.1%.
These country profiles focus on countries' domestic legislation regarding key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
Hungary’s economy is emerging from the crisis caused by COVID-19, yet sustaining the country’s robust pre-pandemic levels of growth will require reforms to foster productivity and job creation, according to a new OECD report.
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People in Hungary consume 11.3 litres of pure alcohol per capita per year, roughly equivalent to 2.3 bottles of wine or 4.3 litres of beer per week per person aged 15 and over. In addition, in Hungary, some population groups are at higher risk than others.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.
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Hungary - Country Health Profiles 2019: Launch presentation. The Country Health Profiles provide a concise and policy-relevant overview of health and health systems in the EU/European Economic area, emphasizing the particular characteristics and challenges in each country against a backdrop of cross-country comparisons.
The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention.
The Hungarian economy is in the midst of a strong recovery, driven by high levels of employment that are boosting wages, consumer confidence and domestic demand. Policy should aim to prolong the economic expansion, ensure that growth is greener and that the benefits are shared amongst all Hungarians, according to a new report from the OECD.