Tax Law

Timea Fuzessy Maglics, LL.M. - Partner

Tax Law
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  1. Practice Areas

  2. Tax Law

Taxation is a key factor in a company’s lifecycle. In business, companies don’t leave their tax issues up to chance, and as such their method to approaching taxation requires serious consideration and legal planning. Our experience in business gives us an insight and perspective to prepare the most rational and optimal options for our clients in tax-related matters. Due to the diversity of our clients’ business activities, we deal with many areas, from taxation of food supplements to tax regulations of medical products.

We are particularly adept at reducing liability risk for our clients, while at the same time maximizing opportunities.  We think of tax law as not only imposing a set of fiscal obligations on companies and individuals, but also as being a source of wealth generation for those who understand the opportunities that different tax structures create.  A partnership with KNP LAW ensures not only that your liability exposure is protected, but also that your tax planning is aligned with (and helping you maximize) the benefits of your general commercial strategy.

More about this service

Tax Advising Services and Tax Planning 

KNP LAW’s tax team provides a wide range of services, which include all legal services from the steps required for formation of an entity, to the tax registration process, to tax litigation. Our tax lawyers provide comprehensive advising services covering all areas of tax law. During the planning phase, our main target is to find the best taxing structure for our clients. Our tax planning services are not limited to creating an optimal tax structure, as we also seek to find the right solution for businesses in general operational issues and tax-efficient transactions. 

KNP LAW’s tax law services include a high expertise in providing a comprehensive legal service for all corporate, finance and real estate transactions. Our services are truly unique in a way that we always take into account the legal and business interests of our clients, and ultimately shape our position along these lines. Our team constantly follows the continuously changing tax law environment to provide our businesses with a consistently high-quality tax law service.

Given the depth and breadth of KNP LAW’s other substantive practices, we are easily able to draw on the additional resources of the firm to help support our clients in their business activities when the need for such complementary support arises.  In particular, we often work with our corporate group, as well as transactional teams to ensure the compatibility of proposed tax planning with broader corporate strategy. 

Tax Litigation

Generally, our main goal is to resolve disputes prior to litigation. As such, we provide our clients with advice and representation during tax audit proceedings so that they may clarify their situation to avoid further litigation. When litigation is unavoidable or in the client’s best interest, we focus on creating a unique legal strategy to refute the perception that in most tax lawsuits the Hungarian National Taxation and Customs Administration will come out successfully. We draw on the experience of our Litigation, Arbitration & Alternative Dispute Resolution group when needed to resolve any issues.


Our Fundamentals

Client First Approach

We provide solutions for current and anticipated problems through mutual collaboration between our team and yours. We solve and alleviate the legal obstacle.

International Background

Our team consists of attorneys trained in several countries, including the United States, Germany, and France.

Solution Driven

We are a firm built on cooperation and collaboration not only with our clients – but internally within our firm.

20+Team Members
15+Practice Areas
15+Years of Expertise

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