Mária Lakatos

Taxation in General: Hungarian Tax System

Fourth stage: changes in the taxation system between 2002–2010

After the government reshuffle, the 100-day programme implemented the partially tax political actions promised at the general elections campaigne, but the resignation of Péter Medgyessy was followed by another austerity package. However, it became evident from the middle of the period that the number of taxpayers dramatically decreased due to the financial crisis, therefore, not only the framework of personal income tax was burst by the increasing budgetary deficit - which was counter-balanced by introducing a special solidarity contribution - but the VAT on basic consumer articles also increased. The allowances kept reducing, the benefits introduced until 2002 were finally terminated, the Sulinet programme - meant to help integration with the digital world - disappeared and the tax exemption of tuition was also terminated. Both the nominal value of personal income tax revenues and the number of taxpayers kept decreasing in this period.

Taxation in General: Hungarian Tax System

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2022

ISBN: 978 963 664 137 5

Taxation is a scheme for the state to provide revenue. The so collected money could then cover the public spending of the government. These are the so-called allocative and redistributive functions of the state budget. Although, taxation theory discusses the various tax types and analyses the various taxation tools very extensively, there is no absolute answer to the question, when and what type of taxation system would be optimal. Thus this introductory book on taxation deals with the three basic types of taxes - the income tax, the VAT and the corporation tax - in a very pragmatic way. There are legal texts and cases from both the international and also from the relevant Hungarian practice.

This book is recommended not only for students of economics but also for law students and practitioners beside anyone who is interested in the basic regulations of taxation.

Hivatkozás: https://mersz.hu/lakatos-taxation-in-general-hungarian-tax-system//

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