Finance Minister: Economic Performance Surpasses Expectations It has once again become clear that Hungary's economic performance surpasses international expectations, Finance Minister Mihály Varga said after talks... 2019.07.15.
Lawmakers Vote on Tax Changes Lawmakers on Friday approved tax changes earlier announced as part of expanded support for families and a package of tax... 2019.07.12.
Audit Office Head: Room for Gradual Tax Cut The head of Hungary's State Audit Office (ÁSZ) sees room for a gradual reduction in the 15 percent personal income... 2019.07.11.
European Court Okays Hungary Advertisement Tax The European Court of Justice on Thursday annulled a European Commission decision which had declared the Hungarian advertisement tax incompatible... 2019.06.27.
Foreign Minister: EU Success Dependent on Migration Policy U-turn The European Union will not be successful on the global stage unless it makes a U-turn on its migration policy,... 2019.06.17.
Orbán: Which European Grouping Fidesz Belongs to ‘Secondary’ Prime Minister Viktor Orbán, in an interview to public radio on Friday, said that it was a secondary consideration which... 2019.06.14.
Foreign Minister: Hungary Opposed to Tax Harmonisation by Brussels Hungary rejects efforts by Brussels to advance "a kind of socialist, utopian economic strategy" through tax harmonisation and the communitisation... 2019.06.13.
DK against further Tax Cuts to Football Players The opposition Democratic Coalition (DK) has called on the government to drop a proposal under which foreign football players in... 2019.06.05.
Govt Submits ‘Family-friendly’ 2020 Budget Bill to Parliament Finance Minister Mihaly Varga submitted Hungary's 2020 budget bill to parliament on Tuesday. Before presenting the document to Speaker of... 2019.06.04.
Finance Minister: ‘Family-friendly’ Budget to Stop Population Decline Finance Minister Mihály Varga has said the 2020 budget will be geared towards families. In an interview to public radio... 2019.06.03.
Hungarian Press Roundup: Govt Announces New ‘Economy Protection Plan’ Economic analysts give basically positive assessments of the government’s economic action plan which is intended to prolong fast growth. Some... 2019.06.03.
Women with Four Children to Be Income-tax Exempt from 2020 Women with four or more children will be exempted from the personal income tax from next January on, the state... 2019.05.22.
State Audit Head Sees more Room for Tax Cuts to Boost Competitiveness Increased budget revenue from government measures to enhance tax compliance and crack down on tax evasion should be used for... 2019.05.22.
Govt Official after Meeting IMF Reps: Hungary’s Economy ‘Success Story’ The Hungarian economy is "a success story", a finance ministry state secretary said, attending the regular spring session of the... 2019.04.12.
Takács: Ireland against Curbing Cohesion Funding Ireland is against reducing European Union cohesion funding in the next financial cycle and, like Hungary, backs tax policy as... 2019.04.05.
Finance Minister: Govt Committed to Tax Cuts The Hungarian cabinet wants to remain "the government of tax cuts" and over the coming years wants to introduce the... 2019.02.07.
“Big Money, Big Football?”: Govt Gives Further Tax Discounts to Struggling Hungarian Football In a modification presented by Deputy PM Zsolt Semjén, the government again doubled the upper limit of tax concession for... 2018.12.19.
State Secretary: Hungary Leads Europe in Decline of Tax-to-GDP Ratio Hungary's tax-to-GDP ratio - the sum of taxes and net social contributions as a percentage of GDP - fell 0.9... 2018.12.03.
Despite Low Wages, Hungarians Pay 3rd Highest Taxes on Income Among OECD Countries Recently, the Organization for Economic Co-operation and Development (OECD) published a report, entitled “Taxing Wages,” on the amount that workers... 2017.08.04.
Hungarian Economy Minister Eyes Contribution Cuts To Boost Wages And Competitiveness The Hungarian government is working to reduce employers’ contributions so that Hungary’s competitiveness can catch up with the Czech Republic... 2016.11.03.
Hungary To Reduce Payroll Taxes In Bid To Improve Employment Situation A major trade union association is urging the government to start consultuation talks on employment issues after the Minister for... 2016.08.17.
