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The change in tax laws will bring a number of positive changes for companies and will also reduce administrative burdens, said Izer Norbert, Secretary of State for Taxes in the Ministry of Finance, in a parliamentary debate on the proposal on Tuesday.
Norbert Izer justified the modification of the Excise Law with the harmonization of the EU legislation. He said: to reach the EU minimum tax
Until April 1, 2021, the excise duty rate on all tobacco products will increase in two steps, so the infringement procedure against Hungary in this case can be terminated.
We have covered this detail of the tax law in more detail here:
Cover image: Norbert Izer, Secretary of State for Taxation of the Ministry of Finance, will deliver a keynote speech in the general debate on the proposed modification of certain tax laws in the plenary session of Parliament on October 20, 2020. Source: MTI / Tamás Kovács
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