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Hungary to create economic relief fund by taxing banks and retailers

15/04/2020

The Hungarian government has announced a major "economy saving package". The package brings extra taxes rather than support to the banking and retail sectors, allowing the state to collect EUR 157 million from banks and EUR 102 million from the retail sector...

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Authors

Portrait ofEszter Kálmán
Eszter Kálmán
Senior Counsel and Head of Tax
Budapest
Portrait ofJudit Kresz
Judit Kresz
Senior Associate
Budapest