Parliament greenlights tax authority under ministry’s authority
The Hungarian Parliament yesterday approved legislation to transform the National Tax and Customs Authority (NAV) from an independent central body to a state secretariat operating under the aegis of Hungary’s National Economy Ministry (NGM), Hungarian news agency MTI reported yesterday.
Falling under the supervision of the NGM, a state secretary and four deputy state secretaries from the ministry will be in charge of the authority’s operations.
Under new legislation, NAV will become a two-tiered organization and the 19 county-level tax and customs units will be merged, as will the three separate tax and customs units in the capital, MTI said. The central unit of the authority, with an appeal board, is expected to act as the second tier of the organization, while the county-level offices will be in the first tier.
The legislation also integrates the currently separate training institute and the crime directorate into the main body of the authority, MTI said.
NGM state secretary András Tállai, the government commissioner overseeing the restructuring of the authority, praised NAV for its work, however, he stressed the need for an internal review and restructuring of the organization in his speech yesterday, MTI reported.
MET Group Records 2nd Most Profitable Year in 2023
Gov't Considering Fuel Price Intervention
Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Pl...
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
.jpg)
