NAV Gives Tax Evaders Time To Pay

  • 20 Feb 2017 11:00 AM
NAV Gives Tax Evaders Time To Pay
The tax office NAV has received financial data from its US equivalent on Hungarian nationals that received dividend and interest revenues in 2014, NAV chairman András Tállai announced on Sunday.

The tax office has compiled a list of some 2,000 individuals who have failed to declare this income in Hungary.

Taxpayers, who will be given notice by NAV this week, can amend their tax declarations without facing penalties, under the so-called self-correction process, Tállai said. Those who fail to do that may face tough penalties, he added.

Source: Hungary Around the Clock

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