Hungary Publishes Decree Extending Some Windfall Taxes to 2025

Nov. 22, 2024, 6:26 AM UTC

Hungary’s government published a decree late Thursday extending several extraordinary windfall taxes into next year, as signaled by ministers.

  • The levies that will remain in force with some modifications include taxes on banks and retailers, according to the decree published in the official gazette and signed by Prime Minister Viktor Orban
  • Some other levies, including on pharmaceutical companies, will be phased out, as expected
  • Portfolio news website earlier reported on the decree
  • Read more: Hungarian Lenders Face ‘Unfair’ Levies, OTP Bank CEO Csanyi Says

To contact the reporter on this story:
Andras Gergely in Budapest at agergely@bloomberg.net

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