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TAO subsidies in Hungarian sports Could may HUF 1 tln in 2022

TAO subsidies in Hungarian sports Could may HUF 1 tln in 2022

The amount of subsidies that flow into Hungarian sports in the form of corporate tax relief (TAO) next year may exceed the HUF 1 trillion milestone, according to business daily Világgazdaság.
Since the establishment of the system in 2011, a total of HUF 923 billion has been paid to associations and trade unions from the tax on companies producing profits.

According to a government decree published in the Magyar Közlöny, next year, the total value of the support certificates in this direction may be the same as this year, at HUF 124.9 billion.
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