President of SAI Hungary László Domokos: “VAT Return Whitening Greens the Economy”

President of the State Audit Office of Hungary Mr. László Domokos gave an online lecture at the “Taxation in Europe – XIV. International Tax Conference”.

He pointed out that, mitigating the negative effects of the coronavirus pandemic requires further improvements in the efficiency of tax collection. In addition, he highlighted the fact that taxes on wages shall be further reduced instead of selectively cutting VAT rates. László Domokos also drew attention to the fact that the efficient collection of VAT not only whitens the economy but also greens it.

In his lecture held online, László Domokos presented in detail, how Hungary has implemented VAT regularization at an outstanding level in the European Union in recent years.

For the details of the presentation of Mr. Domokos, please click.



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