Parliament Hits Budapest Airport With Huge Tax Bill

  • 3 Apr 2012 9:00 AM
Parliament Hits Budapest Airport With Huge Tax Bill
"Budapest Airport, operator of the city’s international airport, will have to pay Ft 2.25 billion in taxes this year, more than three times the Ft 675 million paid last year, under a bill passed by Parliament yesterday. The bill, put forward by 17th District Fidesz mayor Levente Riz, rezones much of the airport land to make it subject to local taxes.

As airport operating rights elsewhere are owned by local authorities, the tax affects only Budapest Airport, majority owned by Germany’s Hochtief group."

Source: Hungary Around the Clock

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