The Orbán Government Promised Serious Discounts for CATL's Investment in Debrecen
8 Articles
8 Articles
Balázs Hankó's previous support decisions, the state-capital development of Rákosrendező, the renegotiation of the M6 contract and the government discounts promised for CATL's investment in Debrecen have been the most important domestic political and economic news of the day so far. According to Dávid Vitézy, the state can save 105 billion forints on the operation of the M6, while the letter of intent related to CATL also includes a 13-year corp…
State Secretary Zsolt Tárkányi revealed the details of the 2022 declaration of intent.
Zsolt Tárkányi, representative of Tisza in Debrecen, has published part of the investment memorandum signed with the Chinese battery manufacturer in August 2022.
The Debrecen local government did not grant CATL a specific tax break, the local authority wrote on Tuesday, reacting to the fact that Zsolt Tárkányi, Parliamentary State Secretary of the Ministry of Transport and Investment and Member of Parliament for Tisza in Debrecen, made public the investment declaration of intent signed between the government and the Chinese battery factory in August 2022.
Zsolt Tárkányi made public the investment letter of intent signed by the government and the Chinese battery manufacturer CATL in 2022. The document included an 80 percent tax reduction for 13 years, direct financial support and VIP status. The Debrecen local government confirmed that the mention of the possibility of local business tax relief in the letter of intent does not mean that Debrecen would have provided such a relief.
He also said that the city's business tax revenue almost quadrupled between 2014 and 2025. However, the solidarity tax maintained by the government will take 12 billion forints from Debrecen.
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