38 result(s) for tax evasion
Hungary Joins OECD Corporate Anti -Tax Evasion Initiative
- 23 Dec 2016 8:00 AM
- business
Hungary has decided to join the OECD’s Base Erosion and Profit Shifting (BEPS) framework that aims to limit tax evasion and aggressive tax optimisation by big multinational corporations, the economy ministry announced on Thursday.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Famous Hungarian Racehorse Owner In Custody
- 24 Apr 2015 9:00 AM
- current affairs
Zoltán Mikóczy, owner of the Hungarian racehorse Overdose, which enjoyed success on the European racing circuit four years ago, has been arrested on suspicion of involvement in a large-scale tax evasion scheme in the sugar trade.
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.
Hungarian MPs Approve Tighter Restrictions On Advertising Tax Base
- 7 Jul 2014 9:00 AM
- current affairs
Lawmakers passed legislation on Friday that restricts the chance companies have to reduce their base for the advertising tax this year. The law allows tax base reductions only for those companies that made losses or broke even in 2013, in the interest of preventing tax evasion.
Hungary-US Tax Pact Now In Parliament
- 17 Apr 2014 9:00 AM
- business
The Economy Ministry has submitted a bill to Parliament that would allow the exchange of tax data between the United States and Hungary.
Hungary Joins OECD Corporate Anti -Tax Evasion Initiative
- 23 Dec 2016 8:00 AM
- business
Hungary has decided to join the OECD’s Base Erosion and Profit Shifting (BEPS) framework that aims to limit tax evasion and aggressive tax optimisation by big multinational corporations, the economy ministry announced on Thursday.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Famous Hungarian Racehorse Owner In Custody
- 24 Apr 2015 9:00 AM
- current affairs
Zoltán Mikóczy, owner of the Hungarian racehorse Overdose, which enjoyed success on the European racing circuit four years ago, has been arrested on suspicion of involvement in a large-scale tax evasion scheme in the sugar trade.
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.
Hungarian MPs Approve Tighter Restrictions On Advertising Tax Base
- 7 Jul 2014 9:00 AM
- current affairs
Lawmakers passed legislation on Friday that restricts the chance companies have to reduce their base for the advertising tax this year. The law allows tax base reductions only for those companies that made losses or broke even in 2013, in the interest of preventing tax evasion.
Hungary-US Tax Pact Now In Parliament
- 17 Apr 2014 9:00 AM
- business
The Economy Ministry has submitted a bill to Parliament that would allow the exchange of tax data between the United States and Hungary.