Coronavirus: 2/3 Of Companies In Hungary Delay Tax Deadline

  • 9 Jun 2020 1:54 PM
  • Hungary Matters
Coronavirus: 2/3 Of Companies In Hungary Delay Tax Deadline
Two out of three companies have taken advantage of a government measure allowing corporate tax to be paid by Sept. 30 rather than June 3.

Just 117,000 companies paid their corporate tax by June 3 this year, down from 317,000 a year earlier.

The measure is among others designed to ease the economic impact of the novel coronavirus epidemic.

Corporate tax payments made by June 3 added up to 32 billion forints (EUR 93m), meaning around 20 billion forints will be paid by the Sept. 30 deadline.

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