More Than 315,000 Companies In Hungary Opt For Small Business Tax
- 17 Jan 2019 9:10 AM
- Hungary Matters
Businesses that opt for kata pay a flat monthly 50,000 forints (EUR 155) instead of corporate or payroll tax.
The annual revenue threshold for kata companies is 12 million forints. Varga noted that the annual VAT exemption threshold had been raised from 8 million forints to 12 million, level with the kata revenue threshold, from 2019.
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