Meat market can be whitened as the result of the VAT cut

Professional participants of the meat sector are urging the continuitation of the VAT cut, after the VAT on living and carcassed pigs decreased from 27 to 5 percent, from 1 January.

The government said that the measure aims at the whitening of the black economy, and to increase the competitiveness of the concerned enterprises. However, it is feared that the scammers will turn their activities toward processed goods, such as cuts and preparations. (Braunmüller Lajos, Világgazdaság Online)