Pig-breeders are protesting against the introduction of the reverse VAT

The Association of Hungarian Pig Breeders are objecting against the introduction of the reverse VAT payment in live pigs trade.

According to the association, those pig breeders who buy mixed feed, would have to pay the 27 percent VAT to the seller after the invoices as well as after the pharmaceutical, electric and other bills. However, they should sell the pigs on net price, and therefore they will run out of resources and they will become permanent VAT re-claimers. (MTI)