Extra revenue tax
The federal government will resolve within the autumn whether or not the particular taxes within the pharmaceutical sector will stay in 2025.
On Tuesday, Economics Minister Márton Nagy already mentioned it was his “private opinion” that the so-called extra revenue tax needs to be levied in sectors with out “further earnings”. And to keep away from any misunderstanding, he added that, in his opinion, the pharmaceutical sector was such a sector. The minister’s assertion got here on the sidelines of the signing of a cooperation settlement between the division and the Nationwide Affiliation of Pharmaceutical Producers (MAGYOSZ). On the identical time, nonetheless, Nagy mentioned that the place earnings are made “out of the peculiar”, the surplus revenue tax nonetheless has a proper to exist.
The Orbán authorities had initially launched the surplus revenue taxes for banks, retail, the pharmaceutical sector and the vitality sector for a restricted interval of two years (2022 and 2023). Later, main financial politicians repeatedly reiterated that the particular levy, which had been prolonged by one 12 months as a result of a number of crises and the burden of the warfare in Ukraine, would really be abolished in 2025.
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