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Hungary’s Orban Said to Reject IMF on Flat Tax, Nemzet Reports

Hungarian Premier Viktor Orban is said to have told his cabinet this week it’s “unimaginable” for him to change the flat personal income tax regime to meet possible International Monetary Fund requests related to a loan, Magyar Nemzet reported, without citing anyone.

It is “99.9 percent” certain that the government won’t introduce changes to the flat tax, the Budapest-based newspaper said, citing Lajos Kosa, the governing party’s vice president.

To contact the reporter on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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