Hungarian Govt Supports HUF 700 Cap On Internet Tax

  • 28 Oct 2014 3:00 AM
Hungarian Govt Supports HUF 700 Cap On Internet Tax
The government supports a proposal put forward by the ruling Fidesz party on capping the tax to be levied on internet traffic at 700 forints or 2.3 euros a month, Economy Minister Mihály Varga said. The tax would not be payable by subscribers but by telecoms, Varga said in parliament on Monday.

The four largest telcos in Hungary generated 75 billion forints in profit in 2013, he said.

Varga said in connection with a mass demonstration on Sunday against the tax after which the Fidesz headquarters were vandalised that “violence is completely unacceptable”.

Radical opposition Jobbik and leftist DK parties on Monday announced a signature drive to annul plans for the tax.

Source www.hungarymatters.hu

Follow that link to sign-up for MTI’s twice-daily newsletter.

  • How does this content make you feel?