Hungarian Business Groups Call for Key Changes to Draft Wealth Tax

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Source: Dukascopy Bank SA
Fourteen Hungarian business groups urge revisions to the draft wealth tax, seeking reliefs for reinvested funds, R&D, and green projects, plus a 0.3%–0.5% rate on HUF 1–5 billion. They warn of severe valuation costs, tighter credit, and risks for illiquid assets, listed firms, and startups.

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