- 8 Jan 2018 8:02 AM
The revenue rose even as the tax burden on families and businesses was cut by 860 billion forints, said András Tallai.
He attributed the increase in revenue to improved tax morale, explaining that it no longer pays to evade taxes in Hungary because the country has the lowest corporate tax rate and the second-lowest personal income tax rate in the European Union.
A change in approach at NAV, such as becoming more client-centered and providing assistance to taxpayers, also supported the improved tax morale, he added.
Total tax revenue in Hungary came to 13,402 billion forints last year.
Republished with permission of Hungary Matters, MTI’s daily newsletter.