Hungary - Profile UpdatesHungary/ 5.1 General legislation
5.1.1 Constitution
Since 1 January 2012 the new constitution is active which includes references to culture.
5.1 General legislation
5.1.5 Tax laws
VAT raised to 27% in 2012.
5.3 Sector specific legislation
5.3.3 Cultural heritage
Due to very high insurance costs for a Cezanne exhibition, a new law provides state guarantees to cover similar borrowings.
8.1 Direct and indirect support to artists
8.1.4 Support to professional artists associations or unions
Fundamental changes took place in the administration of non-profit organisations by the so-called Act on Civil Society 2011.