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43 result(s) for tax evasion

Hungary Winning VAT Evasion Fight

Hungary Winning VAT Evasion Fight

VAT evasion in Hungary was cut from 21% in 2013 to 6.6% in 2019, the European Commission announced on Thursday.
Earlier Rollout Of Tax Exemption For Household Palinka Production In Hungary?

Earlier Rollout Of Tax Exemption For Household Palinka Production In Hungary?

Hungary’s finance ministry is reviewing the possibility of introducing a tax exemption on palinka, the national eau de vie, as early as 2021, a year before a recently issued European Union directive allows the preference, state secretary Andras Tállai told MTI.
Online Tax Returns System Applies To All Businesses In Hungary From Now On

Online Tax Returns System Applies To All Businesses In Hungary From Now On

The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten the economy, a finance ministry official has told MTI in an interview.
EP Committee Finds Hungary Shows Traits Of Tax Haven

EP Committee Finds Hungary Shows Traits Of Tax Haven

Hungary is among seven European Union countries that “display traits of a tax haven and facilitate aggressive tax planning”, according to a finding by the European Parliament’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3).
Hungarian Gov't Takes Action Against Tax Evasion By Multinationals

Hungarian Gov't Takes Action Against Tax Evasion By Multinationals

The government plans to institute new rules with a view to preventing multinational companies from evading Hungarian taxes, a finance ministry official told the daily Magyar Nemzet.
Local Opinion: Hungarian Growth Model Praised

Local Opinion: Hungarian Growth Model Praised

A pro-government analyst points out that tax revenues are increasing fast, which he attributes to the government’s economic policy, and most importantly, to tax cuts.
Oct 15 Deadline For First Full-Month Payment For Migration Levy

Oct 15 Deadline For First Full-Month Payment For Migration Levy

NGOs that support migration have until October 15 to transfer the first full-month payment for the newly introduced migration levy, the finance ministry said.
Finance Minister: Improved Tax Morale Could Bring Tax Gap Under 10 %

Finance Minister: Improved Tax Morale Could Bring Tax Gap Under 10 %

Improved tax morale that comes with measures the government has taken to crack down on tax evasion, such as the introduction of online invoicing, could bring Hungary’s tax gap under 10 percent, Finance Minister Mihály Varga told MTI.
E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

The introduction of mandatory electronic invoicing could raise budget revenue by “tens or even hundreds of billions” of forints, finance ministry state secretary András Tállai said in an interview published in Tuesday’s issue of daily Magyar Idők.
Hungary Winning VAT Evasion Fight

Hungary Winning VAT Evasion Fight

VAT evasion in Hungary was cut from 21% in 2013 to 6.6% in 2019, the European Commission announced on Thursday.
Earlier Rollout Of Tax Exemption For Household Palinka Production In Hungary?

Earlier Rollout Of Tax Exemption For Household Palinka Production In Hungary?

Hungary’s finance ministry is reviewing the possibility of introducing a tax exemption on palinka, the national eau de vie, as early as 2021, a year before a recently issued European Union directive allows the preference, state secretary Andras Tállai told MTI.
Online Tax Returns System Applies To All Businesses In Hungary From Now On

Online Tax Returns System Applies To All Businesses In Hungary From Now On

The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten the economy, a finance ministry official has told MTI in an interview.
EP Committee Finds Hungary Shows Traits Of Tax Haven

EP Committee Finds Hungary Shows Traits Of Tax Haven

Hungary is among seven European Union countries that “display traits of a tax haven and facilitate aggressive tax planning”, according to a finding by the European Parliament’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3).
Hungarian Gov't Takes Action Against Tax Evasion By Multinationals

Hungarian Gov't Takes Action Against Tax Evasion By Multinationals

The government plans to institute new rules with a view to preventing multinational companies from evading Hungarian taxes, a finance ministry official told the daily Magyar Nemzet.
Local Opinion: Hungarian Growth Model Praised

Local Opinion: Hungarian Growth Model Praised

A pro-government analyst points out that tax revenues are increasing fast, which he attributes to the government’s economic policy, and most importantly, to tax cuts.
Oct 15 Deadline For First Full-Month Payment For Migration Levy

Oct 15 Deadline For First Full-Month Payment For Migration Levy

NGOs that support migration have until October 15 to transfer the first full-month payment for the newly introduced migration levy, the finance ministry said.
Finance Minister: Improved Tax Morale Could Bring Tax Gap Under 10 %

Finance Minister: Improved Tax Morale Could Bring Tax Gap Under 10 %

Improved tax morale that comes with measures the government has taken to crack down on tax evasion, such as the introduction of online invoicing, could bring Hungary’s tax gap under 10 percent, Finance Minister Mihály Varga told MTI.
E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

The introduction of mandatory electronic invoicing could raise budget revenue by “tens or even hundreds of billions” of forints, finance ministry state secretary András Tállai said in an interview published in Tuesday’s issue of daily Magyar Idők.