Hungary to Keep Industry Taxes in 2026 Including on Banks: Nagy

Hungary will maintain its windfall taxes on sectors including banks next year, the country’s Economy Minister Marton Nagy says at a government briefing.

• Cabinet to also maintain levies on retailers, insurers and on refiner Mol calculated on the Brent-Ural spread
• Banks may write off half of tax if they purchase government bonds
• Calculates total banking sector tax at HUF360b next year
• NOTE, from 2024: Hungarian Assets Drop as Orban Targets Banks to Fix Budget

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Marton Kasnyik in Budapest at mkasnyik1@bloomberg.net;
Veronika Gulyas in Budapest at vgulyas@bloomberg.net

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