"The government has withdrawn the tax bill that was before Parliament and will not prepare new tax legislation this year, the Finance Ministry said. The 2008 tax rules will remain in effect in 2009.The 2009 budget will be reworked, and a new proposal is to be submitted on Friday. It is expected that the economic growth forecast will be reduced from 3%, possibly to as low as 1%, Napi Gazdaság writes.
The government still wants to simplify tax laws and will return to this question, said Socialist MP Lajos Szabó. However, the government does not plan to withdraw the so-called Robin Hood tax on energy companies.
Free Democrat caucus leader János Kóka said it is unacceptable to keep the Robin Hood tax while simplifications and tax cuts are cancelled."
Source: Hungary Around the Clock.
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14.10.2008