Wealth Tax: Just a Few Weeks to Wait
6 Articles
6 Articles
The draft law on wealth tax may be submitted to public consultation within a few weeks, after which the comments of professional organizations are awaited, said Attila Kövesdy, State Secretary for Tax Policy at the Ministry of Finance, in his presentation at the conference titled Hungarian Economy 2030 - Competitiveness Launched in Budapest on Tuesday.
Although the detailed rules are still being developed in full swing, Attila Kövesdy, the State Secretary responsible for tax policy at the Ministry of Finance, confirmed at the GKI 2030 conference that the government will expand the possibility of itemized tax (kata) for small-taxpaying enterprises and will also introduce a wealth tax above the value threshold of one billion forints. The public consultation on the draft legislation may start wit…
Within a few weeks, we will have a clearer picture of the expansion of the itemized tax (kata) for small-tax enterprises and the introduction of the wealth tax, promised the State Secretary for Tax Policy at the Ministry of Finance at the GKI 2030 conference. Attila Kövesdy added that further tax changes will be coming in the fall, while a new approach is expected from the National Tax and Customs Office.
The wealth tax plan may be subject to public consultation within a few weeks - The government would introduce a 1 percent wealth tax above the one billion forint threshold.
The government will submit several pieces of legislation for public consultation within weeks, promised State Secretary Attila Kövesdy at the GKI Economic Research Conference on Tuesday. The politician also revealed details about wealth tax, especially regarding double taxation.
Attila Kövesdy presented the changes being worked on at the Ministry of Finance.
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