Jalsovszky Law Firm

Tax Department

Hungary
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What the team is known for Market-leading firm with a clientele active in sectors such as energy, real estate, automotive and consumer goods. Adroit in VAT matters, acting on both non-contentious matters and disputes. Additionally renowned for tax litigation work and due diligence. Frequently assists with the tax aspects of corporate transactions and financing mandates.

Strengths Clients emphasise that practitioners at the firm are "very diligent and thorough," also adding that "their work in the litigation process is just extraordinary."

Another interviewee enthuses: "We are very happy with how the lawyers work and perform," also reporting that "they are helpful and reach good agreements."

Work highlights Represented Vodafone before the ECJ in a dispute related to transfer pricing and the Hungarian telecommunications tax.

Notable practitioners

"Very smart, creative and at the same time practical," István Csővári receives acclaim for being "a great partner in bringing the knowledge of different advisers together." Csővári often provides clients with tax planning and advisory services, as well as offering assistance with transactional matters and tax refund proceedings.

Managing partner Pál Jalsovszky is lauded by clients as a "very clever lawyer, with whom it's enjoyable to work." Jalsovszky is a well-known practitioner on the market for his experience in international tax structuring and for his robust tax advisory practice. He also acts on tax refund matters on behalf of clients from the energy sector.

Tamás Fehér is especially adept at tax disputes related to transfer pricing, VAT and tax recovery. The wide-ranging practice of Fehér also includes advising on due diligence, VAT structuring and tax restructuring. Clients appreciate his communication abilities: "He is a very smart lawyer who has exceptional verbal and writing skills." Another source highlights that he is "an outstanding individual who is knowledgeable and up-to-date."