38 result(s) for tax evasion
Hungary & Us Sign Agreement To Implement The Foreign Account Tax Compliance Act
- 5 Feb 2014 8:00 AM
- current affairs
M. André Goodfriend, Charge d’Affaires, a.i., of the Embassy of the United States of America, and Gábor Orbán, State Secretary for Taxation and Financial Affairs in the Ministry for National Economy, signed an agreement today between the governments of Hungary and the United States of America to implement the U.S. Foreign Account Tax Compliance Act (FATCA).
Hungary, US Sign Tax Compliance Agreement
- 5 Feb 2014 8:00 AM
- business
Hungarian and US officials on Tuesday signed an inter-governmental agreement to implement the US Foreign Account Tax Compliance Act (FATCA), the Economy Ministry said.
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.
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
Xpat Opinion: A Conservative Take On The Tax Authority Scandal In Hungary
- 3 Dec 2013 8:00 AM
- current affairs
A pro-government columnist finds unfounded the allegations of a former Tax Authority officer who claimed that he had uncovered large scale fraud assisted by the Agency. She criticizes the government, however, for not being more cooperative in investigating the allegations.
Exchange Of Information On Tax Issues Between Hungary & USA
- 29 Oct 2013 8:00 AM
- business
Representatives of Hungary and the United States of America initialled an agreement to improve international tax compliance and assist the implementation of FATCA regulation.
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Reality Show Star Guilty Of Tax Fraud In Hungary
- 30 Oct 2012 7:59 AM
- business
Salgótarján Municipal Court on Monday handed suspended sentences to reality show star Győző Gáspár and his wife Beáta Balla for tax evasion. Gáspár, star of the RTL Klub show “Győzike”, and his wife failed to report Ft 27.5 million in income in 2005 and 2006.
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.
Hungary & Us Sign Agreement To Implement The Foreign Account Tax Compliance Act
- 5 Feb 2014 8:00 AM
- current affairs
M. André Goodfriend, Charge d’Affaires, a.i., of the Embassy of the United States of America, and Gábor Orbán, State Secretary for Taxation and Financial Affairs in the Ministry for National Economy, signed an agreement today between the governments of Hungary and the United States of America to implement the U.S. Foreign Account Tax Compliance Act (FATCA).
Hungary, US Sign Tax Compliance Agreement
- 5 Feb 2014 8:00 AM
- business
Hungarian and US officials on Tuesday signed an inter-governmental agreement to implement the US Foreign Account Tax Compliance Act (FATCA), the Economy Ministry said.
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.
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
Xpat Opinion: A Conservative Take On The Tax Authority Scandal In Hungary
- 3 Dec 2013 8:00 AM
- current affairs
A pro-government columnist finds unfounded the allegations of a former Tax Authority officer who claimed that he had uncovered large scale fraud assisted by the Agency. She criticizes the government, however, for not being more cooperative in investigating the allegations.
Exchange Of Information On Tax Issues Between Hungary & USA
- 29 Oct 2013 8:00 AM
- business
Representatives of Hungary and the United States of America initialled an agreement to improve international tax compliance and assist the implementation of FATCA regulation.
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Reality Show Star Guilty Of Tax Fraud In Hungary
- 30 Oct 2012 7:59 AM
- business
Salgótarján Municipal Court on Monday handed suspended sentences to reality show star Győző Gáspár and his wife Beáta Balla for tax evasion. Gáspár, star of the RTL Klub show “Győzike”, and his wife failed to report Ft 27.5 million in income in 2005 and 2006.
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.