Lowering of the VAT Threshold Would Only Affect Hungary

At the EP’s plenary session on Wednesday, MEPs green-lighted further steps taken towards implementing a definitive VAT system in the European Union. According to the proposal, VAT would be maximized at around 25%. If executed, this would involve significant changes to the Hungarian tax system as the government currently applies the highest percentage in the … Continue reading Lowering of the VAT Threshold Would Only Affect Hungary