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Hungary to allow companies to pay corporate taxes in euros or dollars-finance minister

30 Tháng Bảy 2022
Hungary to allow companies to pay corporate taxes in euros or dollars-finance minister © Reuters. FILE PHOTO: Hungarian Finance Minister Mihaly Varga speaks during a business conference in Budapest, Hungary, February 19, 2022. REUTERS/Bernadett Szabo

BUDAPEST (Reuters) -Hungary will allow companies to pay their corporate taxes in euros or U.S. dollars along with paying in forints, finance minister Mihaly Varga said in a Facebook (NASDAQ:META) post on Saturday.

"For companies who earn revenues partly or fully in a foreign currency, the new rule could simplify processes," Varga wrote, adding that the option was available for all companies.

He said the change would simplify bookkeeping for companies while ensuring taxes kept flowing to the state and the budget remains balanced.

No further details were immediately available. There was a government press conference scheduled for 0900 GMT.

The forint, central Europe's worst performing currency so far this year, hit a record low at 416.90 per euro earlier this month as it was pressured by a lack of agreement with the European Union over recovery funds, soaring inflation, a low level of foreign exchange reserves and a twin deficit.

A jump in gas prices also pressured the forint recently as it could worsen Hungary's trade balance, traders and analysts have said.

Hungary, a small export-driven economy, is home to manufacturing plants of large German carmakers including Audi and Daimler (OTC:DDAIF).

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12-08-2022 15:41:58 (UTC+7)

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Adidas AG

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 EUR/USD1.0300↑ Buy
 GBP/USD1.2181↑ Buy
 USD/JPY133.30↑ Sell
 AUD/USD0.7123↑ Buy
 USD/CAD1.2745↑ Sell
 EUR/JPY137.29Neutral
 EUR/CHF0.9699Buy
 Gold1,803.35↑ Sell
 Silver20.312↑ Sell
 Copper3.7025↑ Buy
 Crude Oil WTI94.47↑ Buy
 Brent Oil99.97↑ Buy
 Natural Gas8.689Sell
 US Coffee C221.63↑ Sell
 Euro Stoxx 503,777.45↑ Buy
 S&P 5004,207.27Buy
 DAX13,779.66↑ Buy
 FTSE 1007,511.95↑ Buy
 Hang Seng20,163.00Buy
 Small Cap 20001,975.26↑ Buy
 IBEX 358,446.30↑ Buy
 BASF43.985↑ Buy
 Bayer53.77↑ Buy
 Allianz180.98↑ Buy
 Adidas171.68Buy
 Lufthansa6.612↑ Buy
 Siemens AG112.11Neutral
 Deutsche Bank AG9.005↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
(10/ 10) # 1,654
SJC HCM6,640/ 6,740
(20/ 20) # 1,674
SJC Hanoi6,640/ 6,742
(20/ 20) # 1,676
SJC Danang6,640/ 6,742
(20/ 20) # 1,676
SJC Nhatrang6,640/ 6,742
(20/ 20) # 1,676
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