First And Last Property Tax Revenues In Hungary
- 6 Sep 2010 3:00 AM
"Taxpayers paid a total of Ft 2.4 billion property tax up to August 31, tax authority APEH announced. Most of the tax revenues, some Ft 2.3 billion, was collected on luxury cars. Around Ft 250 million property tax was paid on boats and yachts, and Ft 6 million on planes.
The previous government had planned to collect Ft 50 billion property tax revenues this year but the Constitutional Court abolished the rulings of the property tax on real estates.
The new government voided the tax on August 16."
Source: Hungary Around the Clock.
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