Hungary, led by PM Peter Magyar, plans to broaden the corporate tax base by ending Viktor Orban-era “selective” levies that penalized certain companies. The move also increases the tax burden on polluters, implying a higher cost for emissions-intensive firms. Overall, this is a meaningful fiscal/tax reform that is likely to affect sector-level profitability and corporate after-tax earnings.
Hungary, led by PM Peter Magyar, plans to broaden the corporate tax base by ending Viktor Orban-era “selective” levies that penalized certain companies. The move also increases the tax burden on polluters, implying a higher cost for emissions-intensive firms. Overall, this is a meaningful fiscal/tax reform that is likely to affect sector-level profitability and corporate after-tax earnings.
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