Hegymegi-Barakonyi and Partner, the Hungarian partner firm of Baker McKenzie, is recommended for its tax legal advisory work. It provides a comprehensive tax advice and is highly recommended for its dispute resolution service as a result of litigators handling precedential cases. The tax team has experience and knowledge in assisting domestic and international companies on tax restructuring, demergers, general tax, indirect tax, private client work and more. Partner Gergely Riszter leads the practice.
The team assisted an independent investment manager in a direct purchase of real estate in Budapest. The tax team’s role involved engaging with the tax authority regarding the structure of the transaction, arrangement for a PE and VAT registration.
Jalsovszky Law Firm is recognised for its tax practice. It is ranked in Tier 2 for general tax and Tier 1 for tax controversy. The advisers and lawyers handle complex cases on matters such as dispute resolution and all non-contentious matters. Pál Jalsovszky is the managing partner supported by two tax partners.
The team is assisting a Hungarian holding company with tax compliance for the new Hungarian and EU law regarding controlled foreign company regulations.
Tax boutique OrienTax is recommended for its full tax services. The practice specialises in the media and entertainment industry, advising some of the country’s biggest commercial television, advertising and communication agencies, casino groups, film studios, the national film fund and more. Its client portfolio includes international media companies such as Paramount, 20th Century Fox, Universal, Lionsgate and Netflix. It has operated in collaboration with Andersen Global since 2018. György Székely and Károly Radnai are the two partners leading a team of nine directors and senior managers.
Tax boutique firm Tandax Advisory is comprised of three dedicated tax partners and is recommended for its tax practice. It specialises in M&A and cross-border transaction tax, real estate tax, private equity and restructuring. Tamás Knébel, Orsolya Bárdosi and Babett Korponai are the three partners leading the tax practice.
The tax team assisted Hudson Advisors with the sale of the Mammut 2 shopping centre for €254 million to a real estate company NEPI Rockcastle.