The goal of the new law on the rules of taxation is to further increase competitiveness in Hungary.
"A draft version of the new law on the rules of taxation has been published and the Ministry for National Economy is awaiting constructive comments to the bill. Hungary’s tax authority, the National Tax and Customs Administration (NAV), offers a new service, enterprise mentoring, for new companies. The draft also stipulates that tax inspectors must close revisions within 365 days, and the amount of tax fine is halved", the government portal Kormány.hu reported.
The number of services provided by the NAV would increase further. Newly founded enterprises are also set to receive more assistance from the consumer-friendly tax authority.
