ADVERTISEMENT

Two in three companies avail of later tax deadline

Banking

pixabay

Two in three companies have taken advantage of a government measure pushing back the deadline for filing and paying corporate tax from June 3 until September 30, state secretary for tax affairs Norbert Izer told Hungarian news agency MTI.

Image by Pixabay

Just 117,000 companies paid their corporate tax by June 3 this year, down from 317,000 a year earlier, Izer said.

The government pushed the filing and payment deadline back for most companies this year as part of measures to ease the economic impact of the coronavirus pandemic.

Izer said corporate tax payments made by June 3 added up to HUF 32 billion, meaning around HUF 20 bln will be paid by the September 30 deadline.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.