The Government Has Decided: Corporate Tax for Large Companies Will Increase in 2027
4 Articles
4 Articles
Péter Magyar announced concrete measures in parliament on Monday, on the basis of which the government does not want a smaller state, but one that functions differently. The document, which will be published soon, will also be a budget for reallocation and paradigm shift, not just for justice and development.
The Tisza government will raise the general corporate tax rate from the current 9 percent in 2027, Prime Minister Péter Magyar announced in his speech before the agenda in parliament on Monday.
The Tisza government expects more than 400 billion forints in additional revenue from companies in 2027. Several taxes will increase, while the margin freeze will be lifted.
Fairer public burden sharing is also being introduced: a wealth tax for billionaires is coming, from which the government expects to generate 200 billion forints in annual revenue. The post Corporate tax is rising first appeared on 24.hu.
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