The chairman of the Hungarian Chamber of Commerce and Industry claims the aim of the government is not to make tax burdens lighter but to increase state incomes. The government seems to delay the measures earlier announced to introduce a tax reform. The government spokesperson mentioned only a process of consultations yesterday, the reform would be in force at the beginning of next year as earliest.
According to Világgazdaság the 21 pc tax rate will be introduced only in the case of a HUF 3,4 million upper income limit, beyond that an additional 15 pc ’solidarity tax’ would be levied which means a 36 pc tax in summary. The changes in VAT rates from 15 and 25 pc to a uniform 21 pc would also result in a rise of prices. The tax rate of companies with simplified accounting would rise to 21 pc from 15 while the corporation tax rate is planned to rise to 21 pc from the present 16 pc.
Translated by Péter Szentmihályi Szabó
origo.hu
Csak a személyek változnak a baloldalon, a nemzetárulás állandó
