Search XpatLoop.com
Wednesday 21 Feb 2018
|
 
Keystone Business Solutions
Business & finance channel To discuss sponsorship opportunities click here
• Accounting Firms in Budapest
more »
• Business Law Firms in Budapest
more »
• Chambers of Commerce in Hungary
more »
• Conference Centres in Budapest
more »
• Financial Advisers in Budapest
more »
• Moving Companies in Budapest
more »
• Office Furniture Firms in Budapest
more »
• Printers in Budapest
more »
• Relocation Firms in Budapest
more »

Hungary Eyes 9% Flat Corporate Tax

18.11.2016
Share |


Hungary Eyes 9% Flat Corporate Tax
Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán announced today at the Regional Digital Summit conference in Budapest, according to Hungarian news agency MTI.

The prime minister was reported saying that the lowered rate would be applied to big companies, as well as to small and medium-sized enterprises (SMEs), the news agency added.

Currently, the corporate tax rate is 10% on a tax base up to HUF 500 million, and 19% over that, MTI noted.
According to MTI, Orbán said the government made its decision on the corporate tax rate at a meeting on Wednesday, based on a proposal by Minister for National Economy Mihály Varga and decisions taken earlier on payroll taxes.

Source: BBJ

Republished with permission





0