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Home / Tolley's Global Mobility: Employment Taxes (Europe) /Hungary /6. Globally mobile employees / 6.5 Non-residents with income from the jurisdiction
Commentary

6.5 Non-residents with income from the jurisdiction

Hungary

Employment related income is taxable according to the employment relationship between the employer and employee. However, some earnings can be qualified as 'other' income (see cost reimbursement in 4.3) or earnings obtained via a shareholding (also typically shares of the employer or other group member).

Shares option

Providing option rights is not a taxable event if certain conditions are met:

  1. Ìý

    •ÌýÌýÌýÌý a right can be exercised only two years after it was established

  2. Ìý

    •ÌýÌýÌýÌý all employees can obtain shares regardless of individual performance

  3. Ìý

    •ÌýÌýÌýÌý announced programs must be notified to the NTCA by

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