The Chamber of Industry and VOSZ Would Exempt Entrepreneurial Assets From Wealth Tax
5 Articles
5 Articles
The Chamber of Industry would like to request an exemption for entrepreneurial capital, and the Entrepreneurs' Association also proposes lower tax rates and a gradual introduction.
The Hungarian Chamber of Commerce and Industry (MKIK) called the plan to reform the itemized tax (kata) for small-tax individual entrepreneurs a compromise solution, as it makes simple taxation available to a wider range of people and links higher income with higher public burdens, the MKIK told MTI on Thursday.
The Hungarian tax system may face significant changes, which may affect both small entrepreneurs and business owners with larger assets.
The Hungarian Chamber of Commerce and Industry has provided a detailed opinion on the government's new tax plans.
Budapest, October 8, 2026 — The Hungarian Chamber of Commerce and Industry (MKIK), with certain amendments and consideration of the risks, considers the direction of transformation of the itemized tax (kata) of small taxing enterprises to be favorable, and in connection with the draft wealth tax, recommends careful treatment of entrepreneurial capital. Kata: good direction, with an important modification The Chamber welcomes the fact that severa…
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