As in the previous two years, Andersen Tax LLC is the best performing Hungarian tax advisor, according to the assessment of the prestigious international tax magazine International Tax Review. In addition to the Tax Advisor of the Year in Hungary award, the company has also won the “VAT Advisor of the Year” title for the second time.
Founded in 1989, the International Tax Review (ITR), one of the world’s leading tax journals, has awarded prizes to Europe’s best tax advisory service companies for the 19th time. A jury of ITR’s editors and experts ranked the candidates’ performance in several categories, based on the volume and complexity of the tasks they had completed during the period, the innovative nature of their implementation and feedback from clients.
In this contest, Andersen won the award for the best Hungarian tax advisory firm for the third year in a row (ITR EMEA Tax Award 2023 / Hungary Tax Firm of the Year).
This year, ITR has ranked Hungarian tax advisory firms in four categories, so, in addition to the top “Tax Firm of the Year”, in three other categories (transfer pricing, VAT and tax litigation adviser). Andersen was among the best in two of these lists, winning the title of Hungary’s Indirect Tax Firm of the Year for the second time since 2022. The company has now won two out of four awards, which is a huge professional accolade.
According to Károly Radnai, CEO of Andersen Tax Zrt., Andersen has become an unavoidable player in the Hungarian tax advisory market, which, in addition to its business results, is mainly due to the fact that the company consistently wins prestigious professional awards, year after year. “In recent years, we have not only shown how to achieve a high standard of service in tax consulting through persistent hard work, but also how to maintain this level in the long term. Both are similarly difficult tasks, as our competitors are in a sense already benchmarking themselves against us and trying to outdo us,” said Károly Radnai.
Together with the Szabó, Kelemen & Partners Andersen Law Firm, Andersen Tax LLC is a member of Andersen Hungary. The Budapest-based tax consultancy and law firm is currently the fifth largest player in the Hungarian market after the BIG4 companies. Andersen Hungary has over 100 employees at its clients’ disposal.