IEER Monthly Bulletin of Economic Trends - 2019 August

Institute for Economic and Enterprise Research

The first part of the Bulletin contains the regular Quarterly Business Climate Survey which is based on the responses of 400 leading corporate managers asked about their companies' sitution and business expectations. According to the records taken in July 2019 the level of business confidence in Hungary decreased slightly compared to April 2019.In July 2019 the Quarterly Business Climate Index dropped from 39 points to 33.

The second part is a comprehensive study about recent trends of tax digitalisation. "Digitalisation of tax should not mean only converting paper forms into PDFs to upload on a government website, but it must be revolutionary, considering how taxpayers complete their filings, what is taxed, and how the authority can manoeuvre powerful data channels to complete and audit taxes without a filing being made."

Read or download the full Bulletin.

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