One of the measurable success stories of the fintech revolution is how donation and subscription-based community financing has become an alternative to traditional fundraising methods such as classical bank financing or venture capital investments. From this rapid development, it follows that there is a less uniform picture in the public consciousness about the phenomenon of "crowdfunding." How many forms are there? Which ones are regulated? Who are the actors in the process? What regulations apply to it? How are they taxed? Among many clarifications to be made, the main question, however, is whether specialized crowdfunding service providers for this purpose will emerge in Hungary as well.

Starting with May 16, 2024, the Law no. 126/2024 on some measures to strengthen the capacity to combat tax evasion, as well as to amend and supplement some normative acts, enters into force.

According to the decision of the Court of Justice of the European Union of 16 May 2024 (C-746/22), the Hungarian rule that does not allow foreign taxpayers in VAT refund cases to submit their documents even in the appeal procedure is contrary to EU law. We have summarised the key lessons learned from the case which was handled by our office.

LSW Bienkowski, Laskowski, Lesnodorski, Melzacki and Partners has announced it hired eight new partners – Filip Badziak, George Havaris, Marcin Huczkowski, Piotr Leonarski, Krzysztof Marzynski, Adam Piwakowski, Aleksandra Polak, and Piotr Szelenbaum – all coming from B2RLaw, alongside a group of associates, administration, and marketing support.

Domokos Neagu Sarbu has successfully represented Alpiq in a tax dispute with the Romanian tax authority in a case that ultimately required the input of the Romanian Supreme Court.

Former Soltysinski Kawecki & Szlezak Senior Counsel Szymon Czerwinski has joined Schoenherr in Poland as a Partner to lead the firm's Tax team.