• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Firms to have option of paying taxes in euros, US dollars in HungaryFirms to have option of paying taxes in euros, US dollars in HungaryFirms to have option of paying taxes in euros, US dollars in HungaryFirms to have option of paying taxes in euros, US dollars in Hungary
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • Forint on a slope again, and the worst may come next week

  • Budapest Airport offers 107 destinations, plans to launch these Transatlantic flights

Support us
DNH 2021 DNH 2021 · 31/07/2022
· News To Go

Firms to have option of paying taxes in euros, US dollars in Hungary

The government has decided to give companies operating in Hungary the option of paying their corporate and business taxes in forints, euros or US dollars, the finance minister said on Saturday.

The new regulation could help streamline tax administration for businesses that generate some or all of their revenues in foreign currency, Mihály Varga said on Facebook.

The option of paying taxes in euros or dollars will be available to all companies, the minister said. While the change will reduce administrative burdens, tax revenues will keep flowing into the treasury, and the budget balance will remain stable, Varga said.

transmission voltage electricity
Read alsoIs the Hungarian government profiteering from the VAT on utility bills?

Source: MTI

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
euro Hungarian economy Hungary Hungary's Finance Ministry tax/VAT
Share

Hot news

  • Will the ban on Ukrainian grain imports return?

  • Govt ‘protecting car industry’ with backing for EURO7 regulations

  • Hungarian state bus company Volánbusz on the verge of collapse?

  • Government: EU siding with human smugglers, no rush to ratify Sweden’s NATO bid

  • Government to extend mandatory discounts, deposit rate caps

  • What happened today in Hungary? – 25 September, 2023

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.

Thank you!

You have successfully joined our subscriber list.

.

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
Will the ban on Ukrainian grain imports return?

Will the ban on Ukrainian grain imports return?

Read More
Govt ‘protecting car industry’ with backing for EURO7 regulations

Govt ‘protecting car industry’ with backing for EURO7 regulations

Read More
Hungarian state bus company Volánbusz on the verge of collapse?

Hungarian state bus company Volánbusz on the verge of collapse?

Read More
Government: EU siding with human smugglers, no rush to ratify Sweden’s NATO bid

Government: EU siding with human smugglers, no rush to ratify Sweden’s NATO bid

Read More
Government to extend mandatory discounts, deposit rate caps

Government to extend mandatory discounts, deposit rate caps

Read More
<b> What happened today in Hungary? – 25 September, 2023 </b>

What happened today in Hungary? – 25 September, 2023

Read More
PHOTO: President Novák meets Elon Musk in Texas

PHOTO: President Novák meets Elon Musk in Texas

Read More
Here is the third-way alternative in Hungarian politics

Here is the third-way alternative in Hungarian politics

Read More
The victory of Pákozd – a symbol of Hungary’s independence war

The victory of Pákozd – a symbol of Hungary’s independence war

Read More
Hungarian minister shared how the EU’s competitiveness can be improved

Hungarian minister shared how the EU’s competitiveness can be improved

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?