Hungary Provides Flat-Rate Tax Exemption for COVID-19
The Hungarian government has issued a release on efforts to contain the coronavirus (COVID-19) epidemic. This includes that small businesses and individual entrepreneurs are being granted an exemption from the payment of the flat-rate tax of small businesses (kata) until 30 June. It is also noted that the deferment of 'kata' debts incurred before 1 March has also been authorized, with taxpayer…
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