The Government is not contemplating changes to the tax regime, as the current system based on proportionate burden-sharing – which supports legal jobs and recognizes the costs of raising children – is far better than any proposal by the IMF, OECD or other international bodies, Deputy State Secretary for Taxation and Auditing Zoltán Pankucsi told public news channel M1.
The Deputy State Secretary has responded to the recommendation of an OECD study on European countries to introduce progressive taxation in Hungary, as the income gap has been widening.
The tax regime laid out in 2010 and introduced as of 2011 went ahead despite the negative opinion of many international bodies, while nowadays the majority of international organizations are recommending the same measures, such as lowering taxes on labour and increasing the weight of consumption- and turnover-type taxes, Zoltán Pankucsi pointed out.
“This tax regime has delivered the expected results; we are witnessing an economic upturn that is unprecedented in the European Union. There is no reason at all to substantially change the already well-established system concerning either the personal income tax or any other levy,” he stressed.
(Ministry for National Economy)