Trademagazin > News and articles > Market News > VAT frauds of food costs 130 million HUF losses to the budget
VAT frauds of food costs 130 million HUF losses to the budget
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)
Related news
More related news >
Related news
New survey: consumers don’t want toxic chemicals
A new survey across five countries has revealed serious concerns…
Read more >Fresh milk sales have turned into losses – GVH graph highlights
A new and previously overlooked issue has come to light…
Read more >Corner stores are slowly disappearing: 22,000 stores have disappeared in four years
By the end of 2024, more than 5,200 retail stores…
Read more >