Fight against VAT fraud earns Hungary HUF 524 bln in 2018
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Successive Orbán administrations have proved successful in measures to tackle VAT fraud and inadequate tax collection over the past seven years, according to a fresh calculation published by news portal G7.hu.
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The portal said that the volume of VAT fraud in Hungary has fallen by almost 50% compared to 2010 (when the government led by Prime Minister Viktor Orbán came to power), and generated some 3.6% of the total budget in 2018. Last year, the government earned HUF 524 billion from recovering missing VAT.
The success of the project is due mainly to the introduction of online cash registers and the EKÁER tracking system for road freight, G7.hu noted.
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