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5th June, 2018

NAV launches 1mn procedures

The tax authority NAV launched 994,000 enforcement proceedings last year to recover some Ft 757 billion in unpaid taxes, according to reports.

Half of the enforcement procedures were initiated by the NAV, and the rest at the request of third parties seeking claims on unpaid receivables.

Tax officials were able to recover nearly Ft 262 billion in unpaid taxes, more than half of that by placing liens on assets.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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