Hungary Lifting Sales Tax to 25%
By Andreas Pizsa
Starting July 1st, Hungary is raising their VAT (sales tax) from 20% to 25%. Merchants who sell to Hungarian customers may want to adapt their prices accordingly in order to keep the same payouts. The easiest adjustment is to multiply your current end user price with 1.05.
Tags: hungary, taxes
This entry was posted on July 1, 2009 at 12:22 pm and is filed under Merchants, Newsletter. You can follow any responses to this entry through the RSS 2.0 feed.
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