Surtax and the economic crisis: Spar and Auchan did not have a good year

By: trademagazin Date: 2011. 06. 03. 13:05

Partly due to the special tax, and partly because of the crisis, most commercial chains operating in Hungary suffered a loss in 2010.

The Annual Report of Spar Hungary Ltd. for example shows a minus 26 billion HUF, while Auchan had an 8.5 billion HUF loss. CBA, which paid a much lower rate of special tax closed the year with  one billion HUF profit – reports mfor.hu.

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