26 result(s) for damage in Business
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungary’s PM Orbán: Economy On Growth Path
- 26 Aug 2014 9:00 AM
- business
Hungary has embarked on a period of economic growth which could put the country among the fastest-growing EU member states, Prime Minister Viktor Orbán said, addressing the annual meeting of Hungarian ambassadors.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
New Civil Code Comes Into Force On 15 March 2014 In Hungary
- 13 Mar 2014 10:50 AM
- business
Changes to Hungary’s civil code come into effect on 15 March 2014, the day Hungarians mark the start of the ill-fated Hungarian Revolution of 1848. The new civil code requires all Hungarian limited liability companies have at least HUF 3 million capital equity in order to legally operate.
Hungarian TAX Office Clamps Down On HUF 430M Retail Tax Fraud
- 5 Dec 2013 8:00 AM
- business
The national tax office (NAV) has clamped down on a retail ring involving large-scale tax fraud, involving 13 suspects. One person is already in pre-trial custody, NAV told MTI. The supermarket chain based in Pécs, southwest Hungary, distributed cleaning products, home appliances, sweets and coffee, but did not pay value added tax (VAT) on its sales.
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungary’s PM Orbán: Economy On Growth Path
- 26 Aug 2014 9:00 AM
- business
Hungary has embarked on a period of economic growth which could put the country among the fastest-growing EU member states, Prime Minister Viktor Orbán said, addressing the annual meeting of Hungarian ambassadors.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
New Civil Code Comes Into Force On 15 March 2014 In Hungary
- 13 Mar 2014 10:50 AM
- business
Changes to Hungary’s civil code come into effect on 15 March 2014, the day Hungarians mark the start of the ill-fated Hungarian Revolution of 1848. The new civil code requires all Hungarian limited liability companies have at least HUF 3 million capital equity in order to legally operate.
Hungarian TAX Office Clamps Down On HUF 430M Retail Tax Fraud
- 5 Dec 2013 8:00 AM
- business
The national tax office (NAV) has clamped down on a retail ring involving large-scale tax fraud, involving 13 suspects. One person is already in pre-trial custody, NAV told MTI. The supermarket chain based in Pécs, southwest Hungary, distributed cleaning products, home appliances, sweets and coffee, but did not pay value added tax (VAT) on its sales.