Daily News Hungary economy

Budapest, May 12 (MTI) – Back taxes owed by private individuals and companies in Hungary dropped by more than 300 billion forints (EUR 952m) to close to 2,250 billion in the 12 months to the end of March, daily Magyar Idők said on Thursday.

The National Tax and Customs Office’s (NAV) press chief told the paper that the number of taxpayers who owe back taxes had also dropped by about 100,000.

NAV staff’s visits to delinquent taxpayers are far more frequent, and the mandatory use of tills connected to the tax office has made tax evasion more difficult, Attila Suller said.

Private individuals owed the state 200 billion forints in unpaid taxes at the end of March. About 310,000 operating companies owed 240 billion, while a further 120,000 companies in the process of being wound up owed 1,800 billion, the paper said.

Source: http://mtva.hu/hu/hungary-matters

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