Farm ministry calls on local councils to drop land taxes

Banking

The Hungarian Agriculture Ministry asked local councils to withdraw the land tax they had levied, the ministry said in a statement on Friday. 

According to the statement, Farm Minister Sándor Fazekas reiterated that he would not support any measure that burdens farmers. According to Hungarian news agency MTI, state secretary István Nagy said at the end of last year that the ministry would initiate an amendment to the tax laws to ban taxing land ownership. He added that this would affect around 2 million people.

ADVERTISEMENT

EU-funded fact-checking website in Hungary launches Analysis

EU-funded fact-checking website in Hungary launches

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

Most employees want exit interviews HR

Most employees want exit interviews

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.