Wealth Tax: the Tisza Government Expects to Generate 800 Billion Forints in Revenue From This in Four Years
18 Articles
18 Articles
The Tisza government presented a detailed draft of the wealth tax on Tuesday, which was submitted for public consultation. The richest would pay even more than previously discussed, it would be difficult to take wealth abroad and hide it, but the new tax could be painful for many medium-sized companies.
The government has published a draft of the wealth tax for public consultation. The Ministry of Finance has also attached the impact assessment sheet, which shows that they expect an additional budget revenue of 800 billion forints from this "during the examined period", which is a 4-year period.
Hungary's richest citizens should pay a new wealth tax starting next year, and the state intends to look much further than money when calculating.
The draft is overshadowed by internal and other contradictions, Péter Magyar's inaccurate estimates, and the hindrance of Hungarian businesses.
ERT NEWS
seleo.grThe Hungarian government, under new Prime Minister Péter Magyar, has proposed a wealth tax on individuals with assets exceeding 1 billion forints (2,731,106 euros). The measure implements a central election pledge of the center-right Tisza party, targeting mainly the financial elite and oligarchs who benefited from the ... More www.ertnews.gr
Hungary will introduce a wealth tax starting next year, Hungarian Prime Minister Péter Magyar said today, fulfilling an election campaign promise that the rich would bear a greater burden...
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