16 result(s) for excise tax in Business
Tourism in Hungary Generates 12% Of GDP - Big Changes Ahead Via Deregulation Package?
- 15 Oct 2024 12:44 PM
- business
National Economy Minister Marton Nagy presented a 16-point deregulation package drafted together with the Hungarian Tourism Agency at a press conference.
Hungary Budget Runs 3.2 Billion Euros Deficit At End-August
- 22 Sep 2017 8:52 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, the economy ministry confirmed in a second reading of data released on Thursday. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Hungary’s Tax Collectors To Knock On More Doors
- 16 Feb 2016 2:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) is stepping up its efforts to collect back taxes, daily Magyar Idők said. NAV will send more of its staff to collect in person than earlier, deputy state secretary for excise tax matters Tamás Molnár told the paper.
Hungarian Parlt Raises Tax On Fruit Brandy Pálinka
- 18 Nov 2015 8:00 AM
- business
Parliament raised the tax on distillation of Hungarian pálinka fruit brandy for personal consumption by 700 forints (EUR 2.24) per litre to comply with a ruling by the European Court. From January it will be obligatory to purchase “distillation stamps” for every litre of pálinka. Individuals may purchase between 5 and 86 of the 700 forint stamps.
Tourism in Hungary Generates 12% Of GDP - Big Changes Ahead Via Deregulation Package?
- 15 Oct 2024 12:44 PM
- business
National Economy Minister Marton Nagy presented a 16-point deregulation package drafted together with the Hungarian Tourism Agency at a press conference.
Hungary Budget Runs 3.2 Billion Euros Deficit At End-August
- 22 Sep 2017 8:52 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, the economy ministry confirmed in a second reading of data released on Thursday. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Hungary’s Tax Collectors To Knock On More Doors
- 16 Feb 2016 2:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) is stepping up its efforts to collect back taxes, daily Magyar Idők said. NAV will send more of its staff to collect in person than earlier, deputy state secretary for excise tax matters Tamás Molnár told the paper.
Hungarian Parlt Raises Tax On Fruit Brandy Pálinka
- 18 Nov 2015 8:00 AM
- business
Parliament raised the tax on distillation of Hungarian pálinka fruit brandy for personal consumption by 700 forints (EUR 2.24) per litre to comply with a ruling by the European Court. From January it will be obligatory to purchase “distillation stamps” for every litre of pálinka. Individuals may purchase between 5 and 86 of the 700 forint stamps.