Hungary Should Not Remain Tax Haven, Says LMP
- 17 Dec 2022 5:16 AM
- Hungary Matters
“It is rather unpleasant to live in a tax haven, because only a thin layer of society, the ruling class is getting richer, while ordinary people remain poor,” LMP spokeswoman Anna Süveg told a press conference.
She welcomed the recent agreement that granted Hungary access to EU recovery funds but added that the country was still a loser of the deal.
The only winners of the artificially generated race to cut taxes are the multinational corporations, Süveg said.
LMP would therefore introduce a dual-rate system of corporate taxation, with large companies obliged to pay a 25% tax on profits above 500 million forints (EUR 1.23m), she said.
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