Change to bill would cut waiting period for tax changes
An amendment to a bill on Hungary’s Financial Stability Act submitted by Parliament’s Budget Committee would cut the time required between the announcement of tax changes and the time they come into force from 60 to 30 days.
The proposed amendment to the bill, published on the website of Parliament, would also remove a line from the bill allowing tax changes to come into force only on the first day of the calendar 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.