Tag: levy

(Adds details) Hungary’s government is putting the finishing touches on the Convergence Programme, which will include the latest set of austerity measures in a bid to curb the budget deficit, local... 

While Hungary would like to have five different value-added tax rates, 5%, 15%, 20%, 25% and 30%, the European Union would not let it, Economy Minister György Matolcsy said in an article titled ‘What... 

Hungary failing to strike a deal with the International Monetary Fund (IMF) on a credit facility would raise the risk of the government extending special industry taxes, said Zsolt Hernádi, Chairman-CEO... 

Hungary’s government has smuggled a Trojan horse into a draft law submitted on Sunday on the "transitional measures of Hungary's Basic Law". According to the proposal a special tax referred to as... 

Top officials at eight big banks have urged the European Commission support them in a dispute with Hungary over a law that saddles lenders with big losses on foreign-currency loans, Reuters reported on... 

The Hungarian government does not plan to receive revenues from the so-called ‘crisis taxes’ beyond 2012, show the revenue forecasts submitted to the 2012 budget bill by Economy Minister György... 

Hungary’s government plans to impose a new tax on vehicle owners, local news portal origo.hu learned. The rate of the new ‘accident tax’ would be 30% of the current compulsory vehicle...