Mazars consumption-type taxes have an increasing role in the region
Governments in the region are increasingly relying on consumption-type taxes. There is a large dispersion in corporate tax rates, and the way in which the tax base / tax is calculated in the region, while employment is still expensive. In Hungary, the burdens on labor has fallen, but only families benefit from discounts – the Central and Eastern Europe (CEE) Tax Guide 2018 of Mazars reveals.
This publication was prepared for the sixth time by the international auditing and consulting firm. The list of participating countries has expanded from 19 to 22 last year: new entrants are Bulgaria, Kosovo and Germany.
In Mazars’ announcement, VAT is one of the most important sources of revenue for public budgets. (MTI)
Related news
Croatian Entrepreneurs’ Association calls for uniform reduction of VAT on food
Due to excessive price increases, the Croatian Entrepreneurs’ Association (UGP)…
Read more >Significant tax changes are coming in Slovakia: VAT increase and cuts to reduce the budget deficit
The Slovak government presented its new consolidation package, which fundamentally…
Read more >NAV: the return can be submitted in the eVAT system
Since February 1st, the VAT return can be submitted in…
Read more >Related news
Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >Alibaba’s quarterly profit increases significantly
Chinese e-commerce giant Alibaba Group Holding reported a sharp rise…
Read more >