Windfall tax and additional tax increases: the Government Decree is published

Official Gazette nr. 93 was published on Saturday 4 June, announcing Government Decree 197/2022 (IV. 4.) on Windfall taxes (hereinafter the "Government Decree").

In line with the  earlier announcements, the Government Decree sets forth the detailed rules for the special taxes imposed on 8 different sectors of the economy, but in addition, it also includes increases in other tax types. In most cases the new taxes have retroactive effect, which means they are applicable as of the start of this year. We have summarised the essence of these rules in our newsletter. 

To read the whole newsletter below.

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Tax Newsletter 2022/10.