The BDO suggests the development of a progressive tax product schedule in connection to the chips-tax.
The new tax, paradoxically, can have a negative effect on the budget, because if the price increase may result in a 10 percent decline in the consumption inside the product group, that would decrease the VAT.
According to the expert it is a contradiction also, that the fast-food restaurants and pastry shops remain tax exempt. The proposed tax would hit only the pre-packaged goods manufacturers, so at first sight, the classic pastry shops (where there is no pre-packing) seems to remain tax-free, which strongly contradicts the healthy lifestyle driven approach – emphasizes Gerendy Zoltán, the managing partner of BDO.
Related news
Related news
Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >“This is a political product” – The Secretary General of the Hungarian National Confederation of Trade Unions spoke about the margin freeze and the retail crisis
It cannot be justified professionally, but it can remain –…
Read more >FAO recognizes young farmers
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >