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Hungary Enterprise Income Regulation
In addition to price and wage regulation and taxation,
the
Hungarian government controlled enterprise incomes by
prescribing
the means by which enterprises calculated revenues and
expenses
and apportioned earnings. Taxes on inputs and profits were
levied
at several steps in the sequence of computations. In 1985
the
authorities abolished rules requiring enterprises to
allocate
after-tax profits to various wage and development funds,
but in
the late 1980s the government still used tax rules and
other
devices to influence enterprise distribution of after-tax
profits.
Data as of September 1989
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