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Opposition would restrict offshore business in Hungary
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The opposition Socialist-Parbeszed alliance is submitting to parliament a package of bills aimed at restricting the operations of offshore businesses in Hungary, lawmakers of the parties said on Thursday.
The party alliance is proposing the establishment of a transparent database of offshore business owners that would be free to access, Párbeszéd lawmaker Bence Tordai told an online news conference. Tordai said the Hungarian government had taken too long to comply with a European Union law requiring it to create such a database, adding that the regulations on the database will only come into effect next June.
The parties are also proposing
The parties are also proposing
a special tax on offshore companies
and requiring offshore business owners to pay personal income tax unless they can verify their company’s activities in the country in question, he said. Under the laws, offshore companies would also be ineligible for state and EU support, Tordai said. Another proposal concerns the expansion of the rules on conflicts of interest, he said, adding that if passed, this law would ban party officials from taking on roles in offshore companies.
Sounds pretty high minded from those standing on the shouldres of communist monsters that murderes and tortured Hungarians during communist dictatorships. Let someone credible make similar proposals, not these.
The Czech PM has been named with regard to the Pandora Papers, also people from Slovenia and Slovakia, so there’s no reason as to why some Hungarians wouldn’t be caught up in this either. It’s worldwide.
It may be a good idea to rein-in the offshore companies but not from the clown opposition in pocket of Gyurcsány-Dobrev-Apró gang.