Tag "áfa"

Excessive administration against VAT frauds hampers growth

VAT frauds cost nearly 200 billion euros for the EU member states every year. In Hungary 25 percent of the VAT is swallowed by the traders. However the increase of...

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The government will continuously monitor the effects of the VAT reduction on pork

According to the government spokesman, the effects of the VAT reduction on pork will be continuously monitored. The datas will shop that similar steps may be introduced in other sectors....

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The Poultry Product Council asks for same judgment as the pig sector in taxation

The Poultry Product Council (BBT) asks for same judgment as the pig sector in taxation. According to the Poultry Product Council there is no technical reason that while the Value...

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The VAT on pig carcass will be reduced to five percent

The proposal causes debates among the domestic players of the meat sector. It proposes to decrease the VAT on pig carcass from 2016 to 5 percent from the current VAT...

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VAT on food to be reduced from June in Romania

The VAT on all the food products and non-alcoholic beverages will be decreased to 9 percent from June in Romania – Victor Ponta Prime Minister announced on Tuesday at a...

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The VAT reduction on drinking milk could be an element of utilities reduction

The VAT reduction on drinking milk to 5 percent could be an element of utilities reduction – the president of the Milk Marketing Board Interprofessional Organization told in Budapest on...

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The NGM investigates the possible effects of the VAT reduction

The Ministry of National Economy (NGM) is examining the financial and real economic impact of the reduction of the value added tax (VAT), but the primary goal is to make...

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