Good news for companies: tax administration burdens are simplified
At the EU level, Hungary has made exemplary changes in the field of reducing tax administration in recent years, and the government continued this with the Event-based Data Service Platform (EMAP) project, which aims to reduce the administrative burdens of businesses related to employment, Norbert Izer told MTI.
With the new, innovative solution, companies can save time and money – stated the State Secretary of the Ministry of Finance responsible for tax affairs. One element of increasing competitiveness is reducing the bureaucratic burden of companies. While in the case of individuals – with the preparation of the personal income tax return at the tax office – the tax-related administration has been reduced to almost zero, that of businesses is still significant. Therefore, in order to further improve competitiveness, it is absolutely necessary to reduce the administrative burden – explained the state secretary.
Related news
GKI: Do Hungarians really pay a lot of taxes?
In public discourse, we often encounter criticism of high domestic…
Read more >NGM – Why is the tip not tax-free in practice?
In an interview with Radio Kossuth on Friday, Prime Minister…
Read more >The goal of the Hungarian EU presidency is to represent farmer-centered agricultural policy
The goal of the Hungarian EU presidency is to represent…
Read more >Related news
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >