263 result(s) for tax on food
Balázs Tapasztó, Former CEO TaxiLike
- 12 Oct 2012 12:00 PM
Balazs Tapaszto is the CEO of the newly established Hungarian start-up TaxiLike. This new company developed their own taxi application for smart phones and offering this for taxi drivers, taxi companies and passengers. The idea is to create direct connection between taxi passengers and taxi drivers using TaxiLike app when passengers can request taxis and select the taxi as they want depending on ...
Buying A Residential Property In Hungary
- 12 Oct 2012 9:00 AM
- property
Things to consider before you buy: Hungary is a wonderful country with much to offer. Its deep, rich cultural history, folk traditions and hearty cuisine, along with its hot summers and famous thermal spas draw tourists from far and wide. In comparison to most other European countries, the cost of living is cheap.
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.
Chips Tax Revenue In Hungary Reaches Ft 15bn
- 5 Sep 2012 9:00 AM
- shopping
The tax on foods deemed unhealthy brought in Ft 15 billion as of July 31 following its launch in September last year, the tax and customs authority NAV announced. A total of Ft 1.7 billion was collected in July and Ft 1.8 billion in June. The 2012 revenue target is Ft 20 billion. The tax generated Ft 4.7 billion last year, falling short of the Ft 5 billion target.
Police Raid On Market In Budapest Nets 66 Tons Of Produce
- 17 Aug 2012 9:00 AM
- shopping
Various authorities mounted a co-ordinated raid at the Budapest Wholesale Market from 10 p.m, Wednesday night to early Thursday morning, impounding 66 tons of fruit and vegetables of unknown origin, Regional Development Ministry state secretary Gyula Budai announced on Thursday.
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.
New Tax Looms For Food Producers In Hungary
- 11 May 2012 9:00 AM
- shopping
Companies involved in food or fodder production must pay by May 31 a new food safety monitoring tax that was announced only last week. The announcement was made by the National Food Chain Safety Office, a body created earlier this year from the merger of agriculture administration office MGSZH and the Hungarian Food Safety Office.
Alex Hemingway, CEO, Crown Restaurants
- 8 May 2012 12:00 PM
Alex Hemingway presently holds the dual roles of CEO of Crown Restaurants and Director of Chanticleer Europe. Crown Restaurants is a restaurant concern focused on the developing, building and managing great brands throughout the European Union. The firm is beginning in Budapest but already looking at opportunistic situations to further develop in six other countries. They have partnered with ...
Top 10 Books To Read About Hungary, Part V
- 24 Mar 2012 8:00 AM
- community & culture
"Two real-life stories to finish out my list (which could go into the hundreds but I will restrain myself). First, believe the unbelievable in the true story of NPR and ABC correspondent Kati Marton’s family, oppression by the Nazis and Communists and their eventual escape. Second, the story of an ingenious modern-day criminal, who was recently released from prison…
Balázs Tapasztó, Former CEO TaxiLike
- 12 Oct 2012 12:00 PM
Balazs Tapaszto is the CEO of the newly established Hungarian start-up TaxiLike. This new company developed their own taxi application for smart phones and offering this for taxi drivers, taxi companies and passengers. The idea is to create direct connection between taxi passengers and taxi drivers using TaxiLike app when passengers can request taxis and select the taxi as they want depending on ...
Buying A Residential Property In Hungary
- 12 Oct 2012 9:00 AM
- property
Things to consider before you buy: Hungary is a wonderful country with much to offer. Its deep, rich cultural history, folk traditions and hearty cuisine, along with its hot summers and famous thermal spas draw tourists from far and wide. In comparison to most other European countries, the cost of living is cheap.
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.
Chips Tax Revenue In Hungary Reaches Ft 15bn
- 5 Sep 2012 9:00 AM
- shopping
The tax on foods deemed unhealthy brought in Ft 15 billion as of July 31 following its launch in September last year, the tax and customs authority NAV announced. A total of Ft 1.7 billion was collected in July and Ft 1.8 billion in June. The 2012 revenue target is Ft 20 billion. The tax generated Ft 4.7 billion last year, falling short of the Ft 5 billion target.
Police Raid On Market In Budapest Nets 66 Tons Of Produce
- 17 Aug 2012 9:00 AM
- shopping
Various authorities mounted a co-ordinated raid at the Budapest Wholesale Market from 10 p.m, Wednesday night to early Thursday morning, impounding 66 tons of fruit and vegetables of unknown origin, Regional Development Ministry state secretary Gyula Budai announced on Thursday.
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.
New Tax Looms For Food Producers In Hungary
- 11 May 2012 9:00 AM
- shopping
Companies involved in food or fodder production must pay by May 31 a new food safety monitoring tax that was announced only last week. The announcement was made by the National Food Chain Safety Office, a body created earlier this year from the merger of agriculture administration office MGSZH and the Hungarian Food Safety Office.
Alex Hemingway, CEO, Crown Restaurants
- 8 May 2012 12:00 PM
Alex Hemingway presently holds the dual roles of CEO of Crown Restaurants and Director of Chanticleer Europe. Crown Restaurants is a restaurant concern focused on the developing, building and managing great brands throughout the European Union. The firm is beginning in Budapest but already looking at opportunistic situations to further develop in six other countries. They have partnered with ...
Top 10 Books To Read About Hungary, Part V
- 24 Mar 2012 8:00 AM
- community & culture
"Two real-life stories to finish out my list (which could go into the hundreds but I will restrain myself). First, believe the unbelievable in the true story of NPR and ABC correspondent Kati Marton’s family, oppression by the Nazis and Communists and their eventual escape. Second, the story of an ingenious modern-day criminal, who was recently released from prison…


















