On September 12, the European Court of Justice (CJEU) delivered a ruling in the case C-248/23, Novo Nordisk. The ruling addressed the issue of whether fees paid by Novo Nordisk to the Hungarian tax authority should give right to a reduction of the taxable amount for sold pharmaceuticals.

In order to relief the consequences of the Covid-19 outbreak the Government has presented a number of proposals to ease corporate liquidity

In a recent decision, the Swedish Tax Agency has declared that converting a virtual currency to a traditional currency is not a transaction that falls within the scope of VAT. The logical conclusion is that the Swedish Tax Agency has accepted virtual currencies as legal tender and the exchange is simply a conversion of one currency to another currency