Gergely Gulyás: The VAT reduction of food items did not come up
At Thursday’s government briefing, Gergely Gulyás said that the VAT reduction did not arise, which otherwise significantly lowered inflation in Croatia.
And the reason for this is that, according to their point of view, the VAT reduction does not bring a price reduction, but an increase in commercial profit. According to the minister, the high VAT does have the risk of not being paid, but this is an area where even the European Commission admits that progress has been made, VAT fraud has been reduced.
Related news
Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >VAT on gluten-free breads reduced in Spain
Following a ruling by the Supreme Court in Spain, the…
Read more >Gergely Gulyás: the government is preparing a complex action plan to curb excessive increases in food prices
As a first step, the government is preparing a complex…
Read more >Related news
NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand
Domestic economic processes are developing favorably, the performance of industry…
Read more >SPAR opened a new supermarket in Kecskemét
SPAR Hungary has opened a new supermarket in Kecskemét with…
Read more >600,000 products are moved daily in Tesco’s new logistics center to supply nearly 200 stores within 24 hours
Tesco’s logistics center in Szigetszentmiklós, which was opened in November…
Read more >