MTA » Topics » (f) Deductibility of other income taxes from the corporate tax base

This excerpt taken from the MTA 20-F filed May 21, 2009.

(f)    Deductibility of other income taxes from the corporate tax base

        The above described Hungarian other income taxes are deductible expenses for corporate tax purposes. In addition, 100% of the local business tax paid is deductible further from the corporate tax base in the presented three years.

This excerpt taken from the MTA 20-F filed Jun 17, 2008.

(f)    Deductibility of other income taxes from the corporate tax base

        These Hungarian other income taxes are deductible expenses for corporate tax purposes. In addition, a certain percentage of the local business tax paid is deductible further from the corporate tax base (50% in 2005 and 100% in 2006 and 2007).

This excerpt taken from the MTA 20-F filed Jun 27, 2007.

(f) Deductibility of other income taxes from the corporate tax base

These Hungarian other income taxes are deductible expenses for corporate tax purposes. In addition, a certain percentage of the local business tax paid is deductible further from the corporate tax base (25% in 2004, 50% in 2005 and 100% in 2006).

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