Just a few days after the entry into force of the special tax on retailers (effective as of 1 May 2020), which may amount to as much as 2.5% of their annual turnover, the Hungarian Government further tightened the rules on the distribution of food products by significantly restricting traders’ freedom to negotiate purchase prices.
Author
Dr. Péter Mezei LL.M.
BrowsingDr. Péter Mezei LL.M. is an Associate in Baker McKenzie, Budapest office.