Hungary

Reviews

Practice area

World TP Reviews

Transfer pricing
EY

The EMEIA Tax Center at EY is organised as a supranational entity covering the entire Europe, Middle East, India and Africa (EMEIA) region, with its Intercompany Effectiveness Platform, Solutions & Intelligence and operational transfer pricing practice serving clients’ needs across all jurisdictions.

Led by well-recognised, Oslo-based partner Sveinung Baumann-Larsen, the operational transfer pricing team brings together multi-disciplinary experience and resources focusing on IT, accounting, and tax from the entire region to bring to bear in its work. This work covers some of the leading global companies in their respective fields and includes those involved in retail and consumer products, energy and pharmaceuticals.

Hegymegi-Barakonyi és Társa Ügyvédi Iroda

Hegymegi-Barakonyi és Társa Ügyvédi Iroda is the Hungarian member firm of the Baker McKenzie network. It is recommended for its tax legal advisory work. The firm provides comprehensive tax advice and is highly recommended for its dispute resolution service as a result of its litigators handling precedential cases. The tax team has experience in representing clients in TP audit disputes. Partner Gergely Riszter leads the practice.

Riszter led the team representing a Hungarian subsidiary of an international American technology company regarding the tax authority questioning its TP adjustments. However, the client’s TP adjustment was consistent with the group TP policy, which meant the tax team convinced the authority to overturn its position at the second instance.

Jalsovszky Law Firm

Pál Jalsovszky is the managing partner at and leads the tax team at Jalsovszky Law Firm. Tamás Fehér is an attorney focusing on dispute resolution including transfer pricing disputes. The firm has a wealth of experience with lawyers possessing comprehensive knowledge and skills gained from their tenure at Big Four accounting firms. The team also has the expertise in representing clients in tax disputes in court.

The team advised a Hungarian subsidiary firm, of a Polish food company, regarding VAT treatment of cash settlement between the two entities regarding its TP adjustment. 

Client feedback

“The company's work has been very effective and professional; they always held the client's best interest as first priority next to finding the best possible solution for their presented problem.”

Orientax Consulting

Karoly Radnai, partner, leads the tax team at Orientax Consulting alongside György Boár and Péter Kiss, who are also experienced in transfer pricing. The TP practice has experience assisting international group companies with determining the arm’s-length cost plus pricing strategy and TP policy for existing and new group structures. The firm has grown from 18 to 22 fee earners since 2017. It provides all tax and TP services for clients in all major industries such as agriculture, automotive, energy, pharmaceutical and media, specialising in the latter. The firm has gained multinational clients such as Amazon.com, Netflix, Trenkwalder and more. Orientax Consulting signed an alliance agreement with Andersen Global in September 2018. 

Client feedback

“The team works quickly and is reliable.”

Tandax Advisory

Tamás Knébel, partner, leads the transfer pricing practice at Tandax Advisory since the firm's inception in 2012. The team focuses on assists on TP planning, audit defence, restructuring and more.