6.  The applicant lives in Budapest. 7.  On 1 July 2002 the applicant concluded an employment contract with a State-owned specialised financial institution. 8.  On 27 July 2003 the Hungarian Government adopted Government Decree no. 2173/2003. (VII. 29.) on the remuneration of senior professionals within business entities under majority State control. The applicant’s employment contract was amended in accordance with the Decree and stipulated, in case of ordinary dismissal, severance payment equal to two months’ salary and remuneration corresponding to a notice period of eight months. 9.  On 30 June 2010 the applicant’s employment was terminated by mutual agreement. Under this agreement, on 5 July 2010 the applicant’s former employer paid the applicant, after taxes, a net amount of 13,879,643 Hungarian forints (HUF) (approximately 46,300 euros (EUR)), amounting to eight months’ salary. 10.  Under new legislation (see paragraph 11 below) the gross amount corresponding to the above payment was subsequently taxed at a 98% rate in its part exceeding HUF 3.5 million; the income tax and social security contributions already paid (see paragraph 9 above) were deducted from the tax payable. Thus, the applicant had to pay an additional HUF 11,296,051 as special tax, until 20 May 2011.