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
Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had been seen in previous years.Read Full Story
Hungarian Prime Minister Viktor Orban has suggested that corporate tax will be reduced in the coming years to improve the competitiveness of the Hungarian economy.Read Full Story
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