94 result(s) for excise tax
Energy Regulations In Hungary Changed
- 19 Mar 2013 8:00 AM
- current affairs
Petrol will be dyed in future to show that excise tax has been paid on it, under an energy service regulation bill passed yesterday. In another change, electricity and gas distributors will have to read household meters quarterly if the client so prefers. At present, energy distributors may read the meters no more than once a year.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
A New Front-Line Between The EU And Hungary: Home Distilled Pálinka
- 29 Jun 2012 9:00 AM
- food & drink
A left-wing commentator welcomes the European Commission’s decision to require Hungary to tax farmers who distil brandy. A right-wing columnist find the demand ridiculous and accuses the EU of applying double standards, once again, towards Hungary.
EU Objects To Tax Exemption For Pálinka In Hungary
- 22 Jun 2012 9:00 AM
- food & drink
The European Commission yesterday asked Hungary to change its regulation that gives a full excise tax exemption to those who brew pálinka for personal use. EU legislation allows a 50% tax allowance, but Hungary grants a 100% exemption to distillers who produce no more than 50 litres of fruit brandy a year.
Hungarian Government To Keep Excise Tax On Fuel
- 13 Apr 2012 9:10 AM
- shopping
"The government does not intend to lower the excise tax on petrol, Economy Minister György Matolcsy said in reply to a written question put forward by Jobbik MP Gábor Ferenczy in Parliament. Opposition MPs have urged the cabinet on numerous occasions to reduce the tax on fuel, which is the highest in the region.
Excise Taxes Raised, Brought Forward In Hungary
- 5 Jan 2012 8:00 AM
- shopping
"The dates for changing excise taxes on tobacco will change from May and November to February and July, under a bill passed by Parliament on Monday. The MPs approved a tax rise of Ft 50-60 per packet of cigarettes, a higher figure than earlier planned, to take effect February 1. A further Ft 15 will be added to the price due to the rise in VAT.
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.
Smoking Ban In Hungary In Effect From 1 January 2012
- 2 Jan 2012 8:03 AM
- health & wellness
"Smoking will be banned in all enclosed spaces in Hungary including offices, restaurants and pubs from January 1, 2012, after Parliament amended the Protection of Non-smokers Act with 271 affirmative votes, 37 dissensions and 14 abstentions.
Energy Regulations In Hungary Changed
- 19 Mar 2013 8:00 AM
- current affairs
Petrol will be dyed in future to show that excise tax has been paid on it, under an energy service regulation bill passed yesterday. In another change, electricity and gas distributors will have to read household meters quarterly if the client so prefers. At present, energy distributors may read the meters no more than once a year.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
A New Front-Line Between The EU And Hungary: Home Distilled Pálinka
- 29 Jun 2012 9:00 AM
- food & drink
A left-wing commentator welcomes the European Commission’s decision to require Hungary to tax farmers who distil brandy. A right-wing columnist find the demand ridiculous and accuses the EU of applying double standards, once again, towards Hungary.
EU Objects To Tax Exemption For Pálinka In Hungary
- 22 Jun 2012 9:00 AM
- food & drink
The European Commission yesterday asked Hungary to change its regulation that gives a full excise tax exemption to those who brew pálinka for personal use. EU legislation allows a 50% tax allowance, but Hungary grants a 100% exemption to distillers who produce no more than 50 litres of fruit brandy a year.
Hungarian Government To Keep Excise Tax On Fuel
- 13 Apr 2012 9:10 AM
- shopping
"The government does not intend to lower the excise tax on petrol, Economy Minister György Matolcsy said in reply to a written question put forward by Jobbik MP Gábor Ferenczy in Parliament. Opposition MPs have urged the cabinet on numerous occasions to reduce the tax on fuel, which is the highest in the region.
Excise Taxes Raised, Brought Forward In Hungary
- 5 Jan 2012 8:00 AM
- shopping
"The dates for changing excise taxes on tobacco will change from May and November to February and July, under a bill passed by Parliament on Monday. The MPs approved a tax rise of Ft 50-60 per packet of cigarettes, a higher figure than earlier planned, to take effect February 1. A further Ft 15 will be added to the price due to the rise in VAT.
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.
Smoking Ban In Hungary In Effect From 1 January 2012
- 2 Jan 2012 8:03 AM
- health & wellness
"Smoking will be banned in all enclosed spaces in Hungary including offices, restaurants and pubs from January 1, 2012, after Parliament amended the Protection of Non-smokers Act with 271 affirmative votes, 37 dissensions and 14 abstentions.