Financial transactions duty underperforms in April
Revenue from the financial transactions duty came to HUF 11.3 billion in April, well under the pro rata target, the website of business weekly Figyelő said on Wednesday, without citing any sources. The tax generated revenue of HUF 38.8 billion in January-April, Figyelő said. Revenue from the duty, introduced this year and first paid in February, came to HUF 27.5 billion in January-March, just over 9% of the HUF 301 billion annual target, according to the latest data published by the National Economy Ministry.
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.