HUNGARY TO RAISE FUNDS THROUGH TAXES ON RETAIL BUSINESSES AND BANKS TO FINANCE MEASURES FOR COVID-19

17-04-20

The Ministry of Finance expects to raise, by levying a retail tax and a bank surtax, additional revenues amounting to HUF 91 billion (approximately EUR 260 million) which will contribute to financing measures for the COVID-19 outbreak.

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Related Expertise

Banking & Finance, Retail, Wholesale & Consumer Goods, Tax

Related Topics

Covid-19

Related Country

Hungary

For further information please contact:

Janos Pasztor

Senior Associate,
Hungary

Bence Kalman

Associate,
Hungary

Alexandra Toth

Associate,
Hungary

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HUNGARY TO RAISE FUNDS THROUGH TAXES ON RETAIL BUSINESSES AND BANKS TO FINANCE MEASURES FOR COVID-19

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