Unnamed bakery chain fined HUF 4.5 mln
The National Tax and Customs Authority of Hungary (NAV) fined a foreign-owned bakery chain HUF 4.5 mln after it was found guilty of illegally employing staff and keeping inventories of undefined origin, the authority announced today.
The unnamed bakery is still under investigation by the authority on charges of unreported revenue.
According to the report by NAV, repeated occurrences of major irregularities were found in more than one fourth of the 170 inspections that were conducted at the company in partnership with other authorities.
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.