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Financial transactions duty underperforms in April

Telco

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.

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