APEH, the tax authority, has published its latest list of Hungary’s 210 largest tax debtors, who owe a combined total of Ft 39.2 billion. The figure rises to Ft 69.5 billion when default interest penalties are included.
The list contains 77 individuals who each owe over Ft 10 million in taxes, along with 133 companies, each owing at least Ft 100 million. The individuals have run up Ft 2 billion in unpaid taxes and Ft 1.7 billion in fines and default interest. The companies owe Ft 37.2 billion in taxes and Ft 28.6 billion in fines and interest.
Those owing the most are Lin Lian Jie of Budapest, at Ft 199.5 in taxes and Ft 183.6 million in penalties; Imre Oszoli of Csákvár owing Ft 98.3 million plus Ft 92.2 million; and József Ping of Újkígyós, owing Ft 62.9 million plus Ft 62 million.
Among companies the leaders are UK-Metal of Sóskút with Ft 1.9 billion plus Ft 1.3 billion in interest and penalties, Budapest-based Geo-Transzport with Ft 1.3 billion plus Ft 1.1 billion and Katur Invest with Ft 1 billion plus Ft 800 million.
Yes, but this is all really amateur as most Hungarians and Hungarian companies avoid tax by setting up companies that they can offload any debts or tax burden onto. These companies are registered in the names of homeless people (who are given an enormous sum for them, but peanuts to everyone else – around 60-100,000fts), who are legal entities so nothing ‘illegal’ is being done by this. Then when the tax man comes calling or the lawyer there is no-one to sue. In most cases these companies will be ones undertaking large government or EU contracts, a lot are involved in construction etc… The APEH blacklist is a joke. But only a much smaller part of the joke that is the Hungarian legal system. Of course, it suits all thos ein power, who were in power and how are likely to get into power to keep things this way. Pathetic.
Vándorlo
Totally pathetic I agree, instead of making a fair and understandable tax system,they play these silly games–even giving a lotto prize to people who ask for a számla and then send it to APEH.
Only good news is they missed me from the list !!!!
Yeah.. same goes for us.
Allready 12 years back, i predicted this disaster. The Hunagrians never have won a war, and they will not stand this ‘financial’ war too.
The stupid ‘Titanic-like’ tax-system is debt to their economic going down because it is fraude stimulating .