Tag: tax

(Adds more comments by Varga) Mihály Varga, state secretary soon to take over the task of Hungary’s chief aid negotiator from Tamás Fellegi, will strive to achieve such credit deal with the IMF... 

There is a serious split in the committees established to conduct professional consultations about Hungary’s planned financial transaction tax and unified insurance tax, local business daily Napi... 

Hungary will not implement any new taxes, said Zoltán Cséfalvay, state secretary at the Economy Ministry. He said Hungary should pay more attention in the future to explaining what and why it is doing... 

The optimistic mood that was sparked a month ago when the European Commission gave Hungary the go-ahead to finally start aid talks with the IMF is already gone, an EU diplomat told Reuters on Friday. The... 

Telenor Hungary, a member of the international Telenor Group, will comprise the new telecommunications tax into its tariffs until the government phases out one of the two levies currently burdening the... 

The Hungarian Banking Association takes note that the government wants to implement a financial transaction tax, but it would not like if Parliament approved the bill it in its current form, Chairman Mihály... 

Hungary’s government is apparently mulling a new real estate tax. A bill submitted to Parliament shows that as of 2013 local governments may demand up to 10% of the value growth when owners sell... 

Hungary’s mobile carriers have issued a joint statement objecting to a bill submitted to Parliament on Friday about a new telecom tax. They claim the levy is fundamentally different than the cabinet’s... 

Ferenc Karvalits, Deputy Governor of Hungary’s central bank (NBH) said the government’s aid talks with the IMF is an important factor for monetary policy, but by far not the only one. He said... 

Hungary’s Economy Minister György Matolcsy has submitted bills on new taxes to Parliament. As expected, the transaction tax will not burden interbank deals, but everyday transactions such as cash... 

Hungary's planned new financial transaction tax is entirely unacceptable for banks in its present form and violates an earlier agreement with the government, the chief of the country's banking association... 

The Hungarian government has on Wednesday approved the tax measures which were included in the Convergence Programme (or the Széll Kálmán Plan 2.0 - published on 23 April). In 2010 the government introduced... 

(Updates with new info, Portfolio.hu viewpoint) Hungary’s government has on Wednesday approved the new tax measures that are included in the Széll Kálmán Plan 2.0, i.e. the telecom tax, the financial... 

Hungary’s Economy Minister György Matolcsy is going to hold a press conference on Wednesday afternoon about the government’s new tax plans related to the Széll Kálmán Plan 2.0, the recent update... 

According to an amendment proposal approved by Hungary’s Parliament on Monday, public utility companies may not charge customers an extra fee if they pay their bills by cash transfer slip (“sárga... 

While Hungary’s telecommunication companies would still like to talk through the government’s new telecom tax plan with the authorities the bill can be addressed by the cabinet as soon as Wednesday... 

Hungary should secure a 3-year credit facility worth about EUR 15 billion with the International Monetary Fund (IMF), largely the same as the market expects, said Mihály Varga, the Prime Minister’s... 

Hungary’s government hopes that the fourth, state-owned, mobile carrier will strengthen competition on the local mobile market and thus will drive prices lower, said Prime Minister Viktor Orbán.... 

Hungary’s OTP has not given up it plan to grow via acquisitions, said Chairman-CEO Sándor Csányi at the Bank’s annual general meeting on Friday. For the time being, however, management do not... 

The new taxes Hungary announced in the Széll Kálmán Plan 2.0 will have no direct impact on the banking and telecom sectors, but the financial transaction tax - which will be levied on all cash and interbank...