News

Precedent-setting decision on insider trading by the National Bank of Hungary
The National Bank of Hungary (Magyar Nemzeti Bank) has imposed a substantial fine on one of our clients for violating the rules prohibiting insider trading, and it has also initiated criminal proceedings. The facts of the case in short were that a listed public...

Questioning the arm’s length pricing
In the case of one of our clients, the tax authorities are using a very unusual and curious method to question the open market value of an intangible asset previously acquired from an affiliate company. Recently, it is not surprising that the tax authorities have been...

Medicine or not?
Our client is a company that manufactures and distributes medical devices containing natural ingredients of various plant origin. The manufacturer has classified the products as Class I according to EU and national regulations. The National Institute of Pharmacy and...