Hungary Should Not Remain Tax Haven, Says LMP
- 17 Dec 2022 5:16 AM
- Hungary Matters
![Hungary Should Not Remain Tax Haven, Says LMP Hungary Should Not Remain Tax Haven, Says LMP](/binaries/content/gallery/2022-photos/finance/12/suveg_anna_lmp.jpg/suveg_anna_lmp.jpg/xpatloop%3Achannelslarge)
“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.
LATEST NEWS IN finance