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Liberals oppose expected tax

SzDSz refused to back „expected tax” in its amended form, which provides a means of appeal to businesses, the lack of which the Constitutional Court objected to in February, Kóka announced.

The Liberal Economy Council of the junior governing party SzDSz refused to back the so-called „expected tax” in its amended form, which provides a means of appeal to businesses, the lack of which the Constitutional Court objected to in February, the Economy and Transport Minister János Kóka announced. As a possible solution, the government should make the National Tax Office (Apeh) a more efficient inspector instead, Kóka suggested.

Moreover, the „expected tax” would not bring in the Ft 60 billion budgeted for this year, the Minister warned. According to the original plans of the government, unprofitable companies would have been required to pay the \"expected tax\" if their revenue minus the cost of purchases and foreign revenue, if any, was less than 2% of total revenue. The 16% tax would have been levied on at least 2% of total revenue. (Napi Gazdaság)