Reverse VAT on live pigs and pork

The Ministry of Rural Development (VM) would introduce reverse VAT on live pigs and pork products. The  proposal will be the theme of the next government meeting – told V. Németh Zsolt State Secretary to Magyar Hírlap. He stressed that they will help the farmers with every possible way and the stability of the pig industry has priority.

The Cabinet on Wednesday approved the expansion of the working capital loans and the review of the environmental rules, but the ministry will make further proposals. “The reverse VAT on live pigs and pork would be a considerable help to the ailing industry” – said V. Németh Zsolt. (tozsdeforum.hu, MTI)