Hungarian Companies Reluctant To Take On NAV

  • 16 Apr 2013 9:00 AM
Hungarian Companies Reluctant To Take On NAV
Most companies are unwilling to enter into a legal dispute with NAV, the tax authority, consultants Deloitte Magyarország found in a recent survey of medium and large companies. Two-thirds of respondents said they have faced a situation when they considered a NAV ruling unfair, but took no action, as the money concerned was relatively small.

Deloitte warns that this is a bad practice, as it creates a precedent for the NAV to rule similarly in cases where large amounts are at stake. If that happens, it will be difficult for companies to explain why they did not act previously, Deloitte adds.

Source: Hungary Around the Clock

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