Single-Digit Tax Rate In Hungary Possible In Three Years
- 25 Nov 2013 8:00 AM
Hungary’s flat-rate personal income tax can be hopefully reduced from the current 16% to a single digit within three years, Prime Minister Viktor Orbán said at a business forum in Japan on Friday.
Orbán said that he would support a “zero percent” personal income tax rate but that is currently not possible. He said that there were many similarities between the Japanese and the Hungarian governments’ approach to the crisis and how to handle it.
Source www.hungarymatters.hu
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