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Corporate, personal income tax revenue fall 14% in 2009

Hungarian tax office APEH collected HUF 327 billion in corporate tax revenue in 2009, 14% less than in 2008, APEH deputy director Árpád Varga said.

APEH collected HUF 1,637 billion in personal income tax revenue, also 14% less than in the previous year, Varga said.

About 10% of the 361,000 companies in Hungary paid 60% of corporate tax last year. The tax burden remained unchanged for personal individuals, although middle-income earners paid slightly less. (MTI – Econews)