Global Trade Alert
Global Trade Alert

Hungary: HUF 8 billion tax advantage scheme to support the aviation industry in the context of the Covid-19 pandemic

Announcement

07 Jul 2020

In July 2020, the European Commission approved a tax advantage scheme from Hungary to support undertakings from the aviation industry affected by the economic consequences of the COVID-19.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Jul 2020

Revocation date:

31 Dec 2020

Announced: 07 Jul 2020
Tax or social insurance relief
On 7 July 2020, the European Commission approved a HUF 8 billion (USD 26 million) Hungarian scheme that provides several companies with exemptions from their social security obligations. It will suppo...
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Harmful Trade Policy Measures

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.

Published: 04 Sep 2024

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