Tourism tax breaks for small towns
Sunday, September 18, 2005, 00:00
Just as is currently the case with small villages, citizens of small towns may also get tax breaks if they are involved in tourism, according to a new bill. The proposal was presented by Fidesz MPs and supported by socialist MPs, The Chairman of the Parliament's village tourism subcommittee, Zoltán Páva said. Currently, villagers can earn up to Ft800,000 income free from personal income tax by offering accommodation to tourists. If the amendment is passed, this incentive will be available to inhabitants of towns with population up to 5,000. This may help people who lost this support after that their village was promoted to a town, makers of the bill, Jeno Lasztovicza and Mihály Varga said. (NG 1) G.R.