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Hungary Allows Tax Payment in Euros and U.S Dollars

|Approved Changes|Hungary
Hungary

Hungary's Finance Minister has announced that in addition to paying in Hungarian forints, corporate and business taxes can also be paid in euros or U.S. dollars.

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Finance Minister: Corporate and business taxes can be paid in forints, euros or US dollars

The new regulation could help streamline tax administration for businesses that generate some or all of their revenues in foreign currency.

Finance Minister Mihály Varga said the government has decided to give companies operating in H…

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