VAT frauds of food costs 130 million HUF losses to the budget

By: trademagazin Date: 2012. 09. 17. 13:30

Experts estimates that VAT frauds on food costs more than hundred million HUF losses to the budget.

According to the study, the solution would be VAT reduction or the introduction of the reverse VAT. The authority can also introduce blockade around the shops affected with VAT frauds.  (Magyar Nemzet Online)

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