The government is not planning to change the taxation rate for companies next year but the long-term goal is to have a flat-rate tax, Minister for National Economy Mihály Varga said this week. Presenting details of government tax proposals, Varga said small- and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%. The long-term plan is to introduce a flat-rate corporate tax depending on the country’s economic output, he said. The bank levy and tax on advertisements would remain, and the telecommunications tax would be extended to internet service providers. In the long term, the government envisages discounts off the bank levy for expanded lending with a view to increasing investments, Varga said. But this would not be a possibility in 2015. The government intended to introduce on 1 January an electronic system for verifying cargo shipments by road to crack down on VAT cheats. VAT rates would not change either, except on large animals, which would be lowered to 5%, similar to the earlier reduction for hogs. Varga said the government still wants to cut the flat personal income tax to below 10% before 2018. However, this would not be possible in 2015, when the government will focus on boosting growth. A government spokeswoman said next year’s tax laws will be tabled in Parliament next Tuesday. The government would provide a tax incentive for young couples to marry. For the first two years, newlyweds would get a tax reduction of a monthly HUF 5,000. The scheme would leave a total of HUF 230 billion with families both this year and in 2015. To encourage couples to have children, the government planned to gradually double the per-child tax incentive between 2016 and 2019.