Hungary 2017 retailer tax

Jan 29, 2016 | Richard Asquith

Hungary is considering a new levy on large chains of retailers. The proposal follows a similar Polish proposal to levy a 2% turnover tax on supermarkets.

Hungary’s proposal would extend to all sectors of retailers, but only to chains.

If approved, the new tax would likely be introduced in 2017.

VP Global Indirect Tax

Richard Asquith

VP Global Indirect Tax Richard Asquith

Richard Asquith is the former VP Global Indirect Tax at Avalara