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What more do they want? Cereal and stuffed pasta tax in Hungary
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The cereal and stuffed pasta tax is coming, experts expect a sharp rise in prices.
From 1 July, we will have to pay tax on muesli, cereals and even stuffed pasta with spinach. The public health product tax will be increased and extended to new goods under the excess profit tax regulation, writes Szabad Európa.
Changes in legislation
“Under the current change in legislation, all products containing added sugar will be taxable in the product areas concerned, i.e. any amount of added sugar will be subject to NETA (Public Health Product Tax – ed.),”
– Balázs Szük, senior manager at PwC Hungary Tax Advisory, told the news portal.
He also said that what is new in the new regulation is that all combinations of sugar and sweeteners are covered. So those who would substitute sugar with sweeteners will also become taxable, writes 24.hu.