Taxpayer Donations To Charities & Churches Up 5% In 2020
- 30 Mar 2021 9:05 AM
- Hungary Matters
Some 2.2 million taxpayers in Hungary opted to donate 1% of their income tax to charities or churches last year, up 5% from 2019.
Under Hungary’s tax laws, taxpayers are offered an opportunity to donate 1% of their income tax to NGOs and another percent to churches.
Taxpayers in 2020 donated a combined 18.6 billion forints (EUR 51.2m) to some kind of organisation out of a total possible 40.7 billion, finance ministry state secretary András Tállai said.
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