Government proposes tighter wealth investigations focused on senior politicians and their close circles

The government’s latest legislative initiative revives the 2016 wealth-investigation mechanism, but confines its reach mainly to senior political figures such as MPs, ministers, state secretaries, government and prime-ministerial commissioners. The National Tax and Customs Administration will evaluate declared assets, property and financial holdings to identify potential tax omissions or criminal activity, launching audits or notifying investigative bodies when warranted.

Transparency International Hungary and K-Monitor note that the bill excludes most private citizens and suggests extending coverage to leaders of state companies and certain business actors. They also recommend widening the family definition and lengthening the retrospective period, which is currently unclear and may be limited by a five-year tax statute of limitations. The proposal adds new data sources, including deleted registry entries and foreign agency information, and mandates monthly public reporting of investigations and any identified tax gaps over 5 million forints. Parliament is set to debate the bill soon, with a final vote expected in early November.