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Minister of Finance: Tax on special constructions will be 1%; implementing rules will be developed in 90 days

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The government decided in Monday’s meeting that the tax for special constructions (the „pole tax”) should be reduced from 1.5%, as was originally provided for in the „Train Ordinance”, to 1%, and the rules for implementing this measure will be developed within 90 days, the Minister of Finance, Tanczos Barna, informed during the Government meeting.

„The emergency ordinance provides for the introduction of a new tax, the tax for special constructions. Being a very complex field, I expressly requested that the term for the elaboration of the rules be 90 days. During these 90 days, the analyzes will be done with all the affected industries, all the fields that can be affected by this new tax on special constructions (…) Today a change was made, it is no longer of 1.5% is 1%. The tax will be applied according to the ordinance on constructions other than those that are taxed at the local level,” explained the Minister of Finance.

He added that the Ministry of Finance will come up with a proposal for rules and the details related to the impact on each individual field will be analyzed, starting with roads, electricity infrastructure, communications infrastructure, etc.

„It is a very complex field. I would have liked this analysis to be done before the decision. (…) Revenues are revenues to the budget. But, once again, in the next 90 days we have the necessary respite to to discuss with all the industrial branches involved, to see the exact impact and to work on sustainable, correct implementation norms and norms that can lead to a real implementation (…) The impact must be calculated in fact, it depends on each industry and the rules must be developed as such,” said Tanczos Barna.

According to the minister, the first payment would be made after July 1 and the second after October 1, with the details to be established in the rules.

This tax is a recommendation of the World Bank, stated Tanczos Barna.

The Energy Employers’ Federation (FPE) drew attention on Monday morning that the measure regarding the introduction of a 1.5% tax applicable to special constructions (the so-called „pole tax”) was proposed without consultation and without a prior social dialogue with the actors in the field and considered that this tax is excessive and could have a severe impact on strategic economic sectors.

AGERPRES

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