110 result(s) for tax fraud
Prosecutor Presses Charges Against Former Socialist Official
- 7 Mar 2016 8:00 AM
- current affairs
The Central Investigating Chief Prosecutor’s Office said it pressed charges of excessive fraud and document abuse against Gábor Simon, a former deputy leader of the opposition Socialist Party. Simon’s case goes back to February 2014 when it came to light during the run-up to the general election that Simon had undeclared assets worth about 240 million forints (EUR 780,000) held on an Austrian ...
Former Socialist Deputy Mayor In Huf 3bn Fraud Case
- 17 Feb 2016 8:00 AM
- current affairs
The municipal court of Budapest held the first trial on Tuesday in a case in which György Fürst, former Socialist deputy mayor of the 6th district, and 23 others are charged with large-scale fraud totalling 3 billion forints (EUR 9.6m).
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Opposition Parties’ Comment On Hungary’s Tax Authority’s Resignation
- 21 Jul 2015 9:00 AM
- current affairs
The Socialists qualified tax authority chief Ildikó Vida’s resignation as “a stage in the mafia war”, and accused ruling Fidesz and Economy Minister Mihály Varga of “having lied all along”. Zoltán Gőgös, the party’s deputy leader, said that the government had tried to “whitewash” Vida, who had been banned from the US under corruption charges.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Hungarian NGOs Launch Joint Whistleblower Protection Program
- 29 Apr 2015 9:00 AM
- current affairs
Three Hungarian NGOs signed a cooperation agreement to jointly offer protection and support to Hungarian whistleblowers. The service, known as BeVéd (“to protect”), will help provide whistleblowers with legal support, psychological assistance and media support.
Prosecutor Presses Charges Against Former Socialist Official
- 7 Mar 2016 8:00 AM
- current affairs
The Central Investigating Chief Prosecutor’s Office said it pressed charges of excessive fraud and document abuse against Gábor Simon, a former deputy leader of the opposition Socialist Party. Simon’s case goes back to February 2014 when it came to light during the run-up to the general election that Simon had undeclared assets worth about 240 million forints (EUR 780,000) held on an Austrian ...
Former Socialist Deputy Mayor In Huf 3bn Fraud Case
- 17 Feb 2016 8:00 AM
- current affairs
The municipal court of Budapest held the first trial on Tuesday in a case in which György Fürst, former Socialist deputy mayor of the 6th district, and 23 others are charged with large-scale fraud totalling 3 billion forints (EUR 9.6m).
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Opposition Parties’ Comment On Hungary’s Tax Authority’s Resignation
- 21 Jul 2015 9:00 AM
- current affairs
The Socialists qualified tax authority chief Ildikó Vida’s resignation as “a stage in the mafia war”, and accused ruling Fidesz and Economy Minister Mihály Varga of “having lied all along”. Zoltán Gőgös, the party’s deputy leader, said that the government had tried to “whitewash” Vida, who had been banned from the US under corruption charges.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Hungarian NGOs Launch Joint Whistleblower Protection Program
- 29 Apr 2015 9:00 AM
- current affairs
Three Hungarian NGOs signed a cooperation agreement to jointly offer protection and support to Hungarian whistleblowers. The service, known as BeVéd (“to protect”), will help provide whistleblowers with legal support, psychological assistance and media support.