Amount of unpaid taxes grows; more owed by companies no longer operating
The amount of unpaid taxes at the end of last year was larger than in previous years and more was owed by companies that are no longer operating, State Audit Office chairman László Domokos said at a tax conference in Sopron (W Hungary) on Thursday.
Unpaid taxes came to HUF 1,989.3bn at the end of 2010, up 15.5% from twelve months earlier and 41% more than at the end of 2008, Domokos said. The proportion of unpaid taxes owed by companies that have stopped operating rose to 75.4% in 2010 from 70% in 2009 and 64.8% in 2008, he added.
The percentage of the total of unpaid taxes more than a year old rose to 41.2%.
Domokos noted that Hungary's tax office managed to collect 8% more in back taxes than the HUF 280bn target last year.
ADVERTISEMENT
ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan
Nearly 40% of Poles Report Worsening Financial Situation - S...
New Car Registrations in Hungary Fall 10% in August
New Generation Internet Forum 2023 Coming in November
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.
