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Hungary: HUF 214 billion tax relief scheme to support SMEs in the context of the COVID-19 pandemic

Description

On 29 January 2021, the European Commission approved a HUF 214 billion (USD 726 million) tax relief scheme from Hungary. It will support SMEs in any economic sector through the exemption of local busi...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jan 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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Harmful Trade Policy Measures

Published on 04 Sep 2024

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

63538

interventions

192

jurisdictions