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Can I read Hungary on EtoBox?
Hungary by Gary Lheureux is a document available to read on EtoBox.
What is Hungary about?
Hungary reduced corporate income tax rates from 10% and 19% to a flat 9% rate and increased minimum wages by 15-25% to boost economic growth. The tax changes are estimated to reduce government revenues by ~HUF 145 billion but reserves can offset this. Combined with minimum wage hikes, the measures aim to increase competitiveness, wages and economic growth from 2-3% to 3-5% annually.
- Author
- Gary Lheureux
- Language
- EN