Tag "extraprofit adó"

Annus horribilis – ”1992 is not a year on which I shall look back with undiluted pleasure”.

Annus horribilis – ”1992 is not a year on which I shall look back with undiluted pleasure”.
Date: 2023-06-21 16:01:52

No, I didn’t mix up the years. 30 years ago Queen Elizabeth II said this in a famous speech. That year the glory of the institution of the monarchy suddenly...

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Shops adrift at the sea of costs

Shops adrift at the sea of costs
Date: 2023-06-19 15:22:45

2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...

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OKSZ: The Government should lift the price cap and abolish the retail tax

OKSZ: The Government should lift the price cap and abolish the retail tax
Date: 2023-06-02 15:00:56

The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...

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Mihály Varga: the government will introduce the extra profit tax in 2024

Mihály Varga: the government will introduce the extra profit tax in 2024
Date: 2023-05-19 14:02:45

Next year, the government expects to remove the extra burdens, as previously promised, the Minister of Finance stated at the 34th annual board meeting of the Hungarian Bank Association in...

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Extra profit tax, price cap, supplier challenges – Zsolt Pálinkás, CEO of Tesco, spoke about the future

Extra profit tax, price cap, supplier challenges – Zsolt Pálinkás, CEO of Tesco, spoke about the future
Date: 2023-03-29 12:37:51

“We have never had extra profit. If we start from the fact that the industry has an average profitability of 2-5 percent, and this is accompanied by a turnover-based deduction...

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OKSZ: Planned windfall tax narrows room for manoeuvre for businesses

OKSZ: Planned windfall tax narrows room for manoeuvre for businesses
Date: 2022-06-08 15:24:03

At its 27 May 2022 meeting, the National Trade Association (OKSZ) analysed the possible consequences of the government’s planned extra profit tax in the retail sector. OKSZ came to the...

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Who pays the ferryman?

Who pays the ferryman?
Date: 2022-06-08 11:57:16

On 26 May the Hungarian government announced the biggest-ever sector specific taxes. Retail trade’s share is HUF 60bn from the HUF 800bn government wants to collect this way (another HUF...

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The extra-profit tax narrows the room for maneuver of businesses

The extra-profit tax narrows the room for maneuver of businesses
Date: 2022-05-30 16:39:09

At its general meeting on May 27, 2022, the National Trade Association reviewed the expected consequences of the introduction of the extra-profit tax announced by the government a day earlier...

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