TAO Grants in Hungarian Sports May May HUF 1 billion in 2022

Nicolas pongratz

Sunday December 12, 2021, 12:00

According to the business daily Világgazdaság, the amount of subsidies paid to Hungarian sport in the form of corporate tax breaks (TAO) next year could exceed the mark of 1 trillion HUF.

Since the system was put in place in 2011, a total of HUF 923 billion has been paid to associations and unions as corporate income tax.

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

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