FruitVeB: the fruit and vegetable strategy can only be implemented with a 5 percent VAT
The president of the Hungarian Fruit and Vegetable Interprofessional Organization and Marketing Board (FruitVeB) told MTI on Friday in Budapest, that the fruit and vegetable sector strategy, which is under a public debate at the moment – can only be realized with a 5 percent VAT.
As Mártonffy Béla, the president of FruitVeB added, several expert believe, that black economy has the largest share in the fruit and vegetable sector. The share of the black economy in the fruit and vegetable sector is an average of 40 percent, but in case of several products it can reach even 50-60 percent – he added. (MTI)
Related news
Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >