The SPAR Hungary will not escape into offshore firms

By: trademagazin Date: 2011. 03. 03. 12:26

Due to the declining sales, redundancy, because of the unexpected special tax a deletion of a  meat plant constructing characterized the last and this year of SPAR.

“If we put every of our store into offshore firms, we would be exempt from the tax, but SPAR does not use such methods” – said Feiner Péter, chairman of the board of the Spar Hungary Kft. He added that 27 billion of the 30 billion HUF tax was imposed on six companies – reports Világgazdaság Online.

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