Hungary's Economy Minister Varga Orders Tax Audit Of RTL Klub
- 26 Jun 2014 9:00 AM
RTL Klub television will undergo an audit by the Tax Office (NAV), Economy Minister Mihály Varga told reporters yesterday, saying that the company may have recorded a fictitious transaction on its books in order to reduce its tax burden. The announcement came a few days after reports that a late modification to the advertising tax bill may have saved RTL as much as Ft 3 billion in taxes this year.
Programming director Péter Kolosi said RTL Klub is ready to face the audit.
Varga instructed the NAV to investigate, saying RTL did not pay any corporate tax last year.
RTL said earlier that it has always paid as much corporate tax as required by law, including Ft 8.9 billion last year in the form of taxes and social insurance contributions.
Source: Hungary Around the Clock
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