997 result(s) for business tax
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Hungary’s Largest-Circulation Tabloid Weekly Goes Out Of Business
- 23 Mar 2015 8:00 AM
- current affairs
“Helyi Téma”, the freely circulated pro-government tabloid weekly newspaper distributed to several hundred thousand households every week, is to go out of print after the company publishing it has been placed under enforcement by bailiffs, according to press reports. The paper, owned by right-wing billionaire Tamás Vitézy, was first published in 2004 in Budapest and had been distibuted across the ...
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungary’s PM Orbán Rejects Charges He Cooperated With Secret Services
- 17 Mar 2015 8:00 AM
- current affairs
Prime Minister Viktor Orbán denied that he cooperated with the communist secret services as alleged by businessman Lajos Simicska. In response to a question by radical nationalist Jobbik lawmaker Ádám Mirkóczki in parliament, Orbán said his current position did not allow him to act as he would like to in reaction to “sleazy accusations” by his former friend who was instrumental in building up the ...
Simicska: Orbán Said He Refused To Enroll As Spy But “Now I Don’t Know What To Think”
- 12 Mar 2015 12:30 AM
- current affairs
Businessman Lajos Simicska has said that Prime Minister Viktor Orbán “reported on him” to the communist authorities with his knowledge during their military service in the 1980s. Simicska told the Mandiner blog in an interview that the authorities had put him under surveillance during the communist era.
RTL Group Books Euro 77m Impairment On Hungary Unit
- 6 Mar 2015 8:00 AM
- business
RTL Group recorded 77 million euros of goodwill impairment at its Hungarian unit last year in an earnings report on the back of the “punitive” ad tax that came into effect in August 2014. RTL Hungary had negative EBITDA of 1 million euros last year, compared with a positive 15 million in 2013.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Parliamentary Committee Set To Discuss Changes To Ad Tax
- 27 Feb 2015 8:00 AM
- current affairs
Cabinet chief János Lázár has initiated a meeting of Parliament’s economy committee to discuss the possibility of modifying the tax on advertising. Lázár asked the committee’s chairman, Antal Rogán, to call a meeting of the body next week to debate modifications to the tax.
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Hungary’s Largest-Circulation Tabloid Weekly Goes Out Of Business
- 23 Mar 2015 8:00 AM
- current affairs
“Helyi Téma”, the freely circulated pro-government tabloid weekly newspaper distributed to several hundred thousand households every week, is to go out of print after the company publishing it has been placed under enforcement by bailiffs, according to press reports. The paper, owned by right-wing billionaire Tamás Vitézy, was first published in 2004 in Budapest and had been distibuted across the ...
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungary’s PM Orbán Rejects Charges He Cooperated With Secret Services
- 17 Mar 2015 8:00 AM
- current affairs
Prime Minister Viktor Orbán denied that he cooperated with the communist secret services as alleged by businessman Lajos Simicska. In response to a question by radical nationalist Jobbik lawmaker Ádám Mirkóczki in parliament, Orbán said his current position did not allow him to act as he would like to in reaction to “sleazy accusations” by his former friend who was instrumental in building up the ...
Simicska: Orbán Said He Refused To Enroll As Spy But “Now I Don’t Know What To Think”
- 12 Mar 2015 12:30 AM
- current affairs
Businessman Lajos Simicska has said that Prime Minister Viktor Orbán “reported on him” to the communist authorities with his knowledge during their military service in the 1980s. Simicska told the Mandiner blog in an interview that the authorities had put him under surveillance during the communist era.
RTL Group Books Euro 77m Impairment On Hungary Unit
- 6 Mar 2015 8:00 AM
- business
RTL Group recorded 77 million euros of goodwill impairment at its Hungarian unit last year in an earnings report on the back of the “punitive” ad tax that came into effect in August 2014. RTL Hungary had negative EBITDA of 1 million euros last year, compared with a positive 15 million in 2013.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Parliamentary Committee Set To Discuss Changes To Ad Tax
- 27 Feb 2015 8:00 AM
- current affairs
Cabinet chief János Lázár has initiated a meeting of Parliament’s economy committee to discuss the possibility of modifying the tax on advertising. Lázár asked the committee’s chairman, Antal Rogán, to call a meeting of the body next week to debate modifications to the tax.