Will Amazon contribute to Hungarian pandemiological spending?
With a government decree issued last week, special taxes will be introduced in Hungary again. The interesting thing about the special retail tax is that it also taxes – or at least tries to tax online merchants selling to Hungary, including Amazon. However, depending on Amazon’s turnover in Hungary, this could be a high source of revenue for the state.
Dr. Fehér Tamás
Those who survived the 2009 crisis may have noticed that one of the two taxes introduced this week, the pandemiological special retail tax, is similar to the in-store special retail tax once introduced in 2010. However, there is a screw in it. The tax has to be paid not only by traditional Hungarian department store chains, but also by foreign internet trading companies.
Related news
Amazon to invest $54 billion in Britain over next three years
Amazon has deepened its commitment to Britain, with the e-commerce…
Read more >The special retail tax will remain until 2026
The new tax package announced recently brings significant changes for…
Read more >AliExpress launches fulfillment in Europe
Chinese online marketplace AliExpress is launching Local+, a fulfillment solution…
Read more >Related news
Auchan is campaigning for greener consumer choices in July
Auchan Hungary will join the global Plastic Free July initiative…
Read more >NKFH launches nationwide olive oil raid to crack down on food adulteration
In order to protect consumer health and curb food adulteration,…
Read more >Fiatalok az agrár-élelmezési szektorban a FAO kutatása szerint
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >