Budapest, Nov 23 (IANS) The Hungarian government has decided to suspend the obligation of domestic small and medium-sized enterprises (SMEs) active in the tourism industry to pay a four per cent tax known as “tourism development contribution,” the Hungarian Tourism Agency (MTU) said in Budapest.
The suspension, in force between October 1, 2022, and March 31, 2023, is the “fastest and most effective” government assistance to the country’s SMEs saddled with the ongoing energy crisis, the MTU…