The 70 percent of tax benefits given to foreign companies

Both the business share and the tax benefit share of the hundreds of thousands Hungarian small enterprizes are minimal.

On the basis of the 2008 year corporate tax returns; the at least 50 percent of the foreign-owned firms adds the 77 percent of the national total export turnover, but only 24 percent of the employment, can be relate to them – said Szikora János, President of the Tax and Financial Control Office (APEH) on Wednesday afternoon, at the forum of the Hungarian Economic Association – reports Világgazdaság Online.