November 27, 2009, 10:39 CET
Tax chiefs of six CEE countries meet in Hungary, mull cross-border issues
Tax payment discipline has not relaxed significantly despite the economic crisis, however, tax revenues have fallen slightly, while cross-border tax fraud has increased, participants of a meeting of the heads of six countries' tax offices said at a press conference in Visegrad (NW of Budapest) on Wednesday.
The presidents of the tax offices of "the Visegrad four" as well as Slovenia and Austria discussed current issues of tax administration as well as forms of regional cooperation and the impacts of the economic crisis.
APEH President Janos Szikora said that a similar conference was held last spring in Bratislava, but then only Slovenia joined the V4 group. This conference can also be regarded at the creation of the "V6" group, Mr Szikora added,
Recently, joint audits were carried out in seven countries with the Italian tax authority joining, Mr Szikora said, giving an example of mutual information exchange. As a result of these audits, the Hungarian tax office found unpaid tax of HUF 3.723bn, while the Italian partner revealed tax difference of EUR 20m.
EMAIL
ARTICLE
ADD A
COMMENT
SITE FEED2 Comments
- Former BKV chief named as a suspect in corruption case
- MOL makes discovery in Iraq
- PSZAF takes steps against banks that overcharge for restructuring loans
- Hungary GDP down 4% year-on-year in Q4, drops 6.3% in 2009
- Bajnai gov't spends half of budget reserves available in first half 2010
- Euro entry in 2015 or 2016, former central bank head says
- Mortgage bank FHB predicts further 9% drop in Hungarian property prices
- Fidesz sets up economic investigation committee
- Orbán vows to cut taxes to match regional peers
- Foreign shoppers said streaming to outlet mall in Eastern Hungary
- Residential units edge up in size in Budapest; stall in countryside
- MFB to sign MotoGP track credit contract only if all conditions in order
Published every Tuesday, the Budapest Business Week newsletter contains all the previous week's headlines from Realdeal.hu and related stories from other All Hungary sites, as well as a list of upcoming events of interest to the foreign business community in Hungary.
Recent Comments:
- British royal couple to pay three-day visit to Hungary next week
- Versatile Hungarian singer to launch new album
- World's first stamp to go on display in Pécs
- Hungary's most powerful computer unveiled
- State Opera to unveil new Rosenkavalier production
- Hungarian detectives seize 5 kg heroin from Vietnamese
- Budapest policemen acquitted of rape charges
- Metro drill on way to penultimate station in Pest
- Overdose to race again in May
- Paper retracts allegations about Budapest carpet fair
- Budapest fair center cleared after bomb scare
- Allegations of marital infidelity hit Jobbik chairman
- Ruling Socialists cancel policy debates
- No big changes in Hungary's foreign policy likely after election, says official
- Parties discuss how to capture liberal voters
- Court rules former PM Németh can hold on to documents on regime change
- Fidesz collects two million candidate petition slips
- Jobbik to sue paper over adultery charges involving chairman
- Former PM Gyurcsány to speak on recent years
- Jobbik derails Fidesz's "anti-campaign" election train
- How About Some Czech, Mate?
- First Era of Coffee-to-Go in Hungary Over as Gloria Jean's Liquidated
- Are Power Plants and Scheming Slovaks Really The Most Pressing Issues Facing Tokaj Winemakers?
- Survey Reveals Hungarians Are Increasingly Conscious of Food Safety
- Apropó is... Apropos
- New Culinary Gurus to Tackle Eternal Tokaj-Tikka Masala Mystery This Thursday in Budapest
- Come Back and Share Your Horror Stories of Gluttonous Thursday 2010, Assuming You Make it Out Alive
- Campaign Promise to Dilute Ban on Home Pálinka Distilling Receives Mixed Reactions
- Hungarian Winemakers Unable to Keep Concerns About New Marketing Agency Bottled
- Metro Drivers Arrive at their Wedding in Full BKV Glory
- Is That a Nokia Box Under Your Coat or are You Just Happy to See Us?
- Balaton Sound Festival Gears Up to Party Like it's 1999
- Are Foreigners Hungary's Demographic Savior, or Just a Bunch of Chainsaw-Wielding, Cat-Shooting Maniacs?
- Health Portal Fails Viral Marketing Hygiene Test
- "Statueatory" Rape Crisis Continues as Beloved Village "Madonna" Pinched
- District V Mayor Defies Cynics by Completing New "Budapest Broadway" Project On Time. Oh, Brother.
- And Be Sure to Check Out Our Translatinging
- Local Cops Give Hearty Welcome to Arriving Drug Dealer
"As a result of these audits, the Hungarian tax office found unpaid tax of HUF 3.723bn"
Jees, lets face it, they wouldn't have to look very far. No doubt there was an endless stream of meetings with tea and biscuits for those poor auditors. With a black market estimated around 30% GDP and a GDP of about HUF 30000bn, it's kinda like looking for a needle in a needle-stack.
What's that? I hear you say. Lower tax so that it is reasonable, enforce payment, reduce the black market (because it's not worth dodging tax) and then everything will be ok.
BINGO !!!
More taxes! That will cure everything! Back to communism! Little
Magyarorszag needs a 5% tax rate. Thats it. Some pay 50% in
magyarorszag. Thats ridiculous. When will they learn?