99 result(s) for excise tax
EU Likely To Condemn Hungary Tax-Free Home Distillery
- 18 Feb 2014 7:00 AM
- food & drink
The European Court of Justice is expected to pass a decision concerning Hungary’s current practice of exempting individuals from paying excise tax on less than 50 litres of home-distilled fruit brandy pálinka, national daily Magyar Nemzet reported on Friday.
Socialists Call For Law Changes To Resolve E-Till Bungles In Hungary
- 30 Dec 2013 8:00 AM
- current affairs
Urgent changes to the law are needed to resolve problems connected with the new e-till scheme, the main opposition Socialist Party has said. The government requires businesses to use tills that communicate directly with the tax office as part of the government’s effort to crack down on tax evasion and raise budget revenue.
Cigarette Consumption In Hungary Continues To Drop
- 21 Nov 2013 8:00 AM
- health & wellness
Cigarette consumption continued to drop in the first nine months of this year compared to the same period of last year, business daily Napi Gazdaság reported, citing figures from the tax and excise office.
Xpat Opinion: The Troubled Tobacco Shop Concessions In Hungary
- 19 Sep 2013 12:35 PM
- shopping
We haven’t talked about the tobacconist shops lately, although there is quite a bit to be said about them. First and foremost, that as the result of the newly restricted availability and the price hikes black market sales of cigarettes have soared in the last couple of months. Fewer and fewer people are buying cigarettes at the designated stores.
Hungary's Economy Ministry Will Not Re-Regulate Alcohol Retail
- 31 May 2013 8:00 AM
- shopping
The Economy Ministry has denied a Thursday report that the government will re-regulate the sale of alcoholic beverages after monopolising the wholesale trade in tobacco products.
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 Likely To Condemn Hungary Tax-Free Home Distillery
- 18 Feb 2014 7:00 AM
- food & drink
The European Court of Justice is expected to pass a decision concerning Hungary’s current practice of exempting individuals from paying excise tax on less than 50 litres of home-distilled fruit brandy pálinka, national daily Magyar Nemzet reported on Friday.
Socialists Call For Law Changes To Resolve E-Till Bungles In Hungary
- 30 Dec 2013 8:00 AM
- current affairs
Urgent changes to the law are needed to resolve problems connected with the new e-till scheme, the main opposition Socialist Party has said. The government requires businesses to use tills that communicate directly with the tax office as part of the government’s effort to crack down on tax evasion and raise budget revenue.
Cigarette Consumption In Hungary Continues To Drop
- 21 Nov 2013 8:00 AM
- health & wellness
Cigarette consumption continued to drop in the first nine months of this year compared to the same period of last year, business daily Napi Gazdaság reported, citing figures from the tax and excise office.
Xpat Opinion: The Troubled Tobacco Shop Concessions In Hungary
- 19 Sep 2013 12:35 PM
- shopping
We haven’t talked about the tobacconist shops lately, although there is quite a bit to be said about them. First and foremost, that as the result of the newly restricted availability and the price hikes black market sales of cigarettes have soared in the last couple of months. Fewer and fewer people are buying cigarettes at the designated stores.
Hungary's Economy Ministry Will Not Re-Regulate Alcohol Retail
- 31 May 2013 8:00 AM
- shopping
The Economy Ministry has denied a Thursday report that the government will re-regulate the sale of alcoholic beverages after monopolising the wholesale trade in tobacco products.
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.















