Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story
Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story
Hungary could follow up its recent decision to slash the rate of corporate tax with a similar tax cut on individual income, Economy Minister Mihaly Varga has suggested. Read Full Story
Hungary's parliament has adopted a package of tax cuts designed to increase the country's economic competitiveness.Read Full Story
The tax-to-GDP ratio in the European Union remained stable in 2015, while the ratio in the Eurozone was down slightly on the previous year. Read Full Story
Hungary's Minister for National Economy, Mihaly Varga, has announced the Government's decision to slash corporate tax to below 10 percent from next year.Read Full Story
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