305 result(s) for tax plans
Opposition Hails Govt Climbdown As ‘Victory’
- 12 Apr 2016 9:00 AM
- current affairs
Socialist lawmaker István Nyakó said that the government decision to revoke the law on Sunday shopping restrictions was “a small victory for the opposition Socialists and a big one for the electorate”. For the second time, the ruling parties have been forced to “back off”, Nyakó said, referring to demonstrations that resulted in the withdrawal of plans to introduce an internet tax in the past.
Budapest Taxi Drivers Relaunch Protest Against Uber
- 11 Mar 2016 8:00 AM
- getting around
A group of taxi drivers relaunched protests against car dispatcher Uber in central Budapest by partly blocking traffic at Deák Square. Taxi drivers blocked a parking lane, a bus lane and a bicycle lane at the square with 18 cars to demand stricter enforcement of the passenger transport sector rules that were changed earlier this year to create fairer market conditions for taxi drivers.
Hosting 2017 World Swimming Championship To Cost Hungary USD 312 Million
- 22 Feb 2016 8:00 AM
- sport
Hosting the 2017 world swimming championship games in Budapest will cost Hungarian and European taxpayers some HUF 86 billion (USD 312 million) according to latest estimates, or 3.5 times original estimates.
Budapest District Plans “Kitsch Tax” On Homes
- 30 Jan 2016 8:00 AM
- property
The local council of Óbuda, Budapest’s Third District, approved a “kitsch tax” on newly built homes at its meeting on Thursday. The tax is the local government’s instrument for enforcing its architectural rules after the entry into force on January 1 of a new law that waives official approval for the construction of homes up to 300m2, Népszabadság observes.
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
MOL To Donate USD 8 Million To Hungarian Soccer Association In 2016
- 21 Jan 2016 8:00 AM
- sport
Hungarian national oil and gas company MOL will donate HUF 2 billion (USD 7 million) of pre-tax profits to the Hungarian Soccer Association (MLSZ) in 2016, announced MOL CEO Zsolt Hernádi (left) and MLSZ president Sándor Csányi (right) at a joint press conference on Wednesday afternoon. The money is to be used to develop new players and infrastructure.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
WJC Welcomes Hungary’s Decision On Hóman Statue
- 18 Dec 2015 8:00 AM
- current affairs
World Jewish Congress head Ronald S Lauder has welcomed Hungarian Prime Minister Viktor Orbán’s recent decision not to use public funds to erect a monument to Horthyera minister Bálint Hóman in Székesfehérvár, in western Hungary. “Orbán’s clear statement on this matter comes very late, but it is nonetheless welcome.
Opposition Hails Govt Climbdown As ‘Victory’
- 12 Apr 2016 9:00 AM
- current affairs
Socialist lawmaker István Nyakó said that the government decision to revoke the law on Sunday shopping restrictions was “a small victory for the opposition Socialists and a big one for the electorate”. For the second time, the ruling parties have been forced to “back off”, Nyakó said, referring to demonstrations that resulted in the withdrawal of plans to introduce an internet tax in the past.
Budapest Taxi Drivers Relaunch Protest Against Uber
- 11 Mar 2016 8:00 AM
- getting around
A group of taxi drivers relaunched protests against car dispatcher Uber in central Budapest by partly blocking traffic at Deák Square. Taxi drivers blocked a parking lane, a bus lane and a bicycle lane at the square with 18 cars to demand stricter enforcement of the passenger transport sector rules that were changed earlier this year to create fairer market conditions for taxi drivers.
Hosting 2017 World Swimming Championship To Cost Hungary USD 312 Million
- 22 Feb 2016 8:00 AM
- sport
Hosting the 2017 world swimming championship games in Budapest will cost Hungarian and European taxpayers some HUF 86 billion (USD 312 million) according to latest estimates, or 3.5 times original estimates.
Budapest District Plans “Kitsch Tax” On Homes
- 30 Jan 2016 8:00 AM
- property
The local council of Óbuda, Budapest’s Third District, approved a “kitsch tax” on newly built homes at its meeting on Thursday. The tax is the local government’s instrument for enforcing its architectural rules after the entry into force on January 1 of a new law that waives official approval for the construction of homes up to 300m2, Népszabadság observes.
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
MOL To Donate USD 8 Million To Hungarian Soccer Association In 2016
- 21 Jan 2016 8:00 AM
- sport
Hungarian national oil and gas company MOL will donate HUF 2 billion (USD 7 million) of pre-tax profits to the Hungarian Soccer Association (MLSZ) in 2016, announced MOL CEO Zsolt Hernádi (left) and MLSZ president Sándor Csányi (right) at a joint press conference on Wednesday afternoon. The money is to be used to develop new players and infrastructure.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
WJC Welcomes Hungary’s Decision On Hóman Statue
- 18 Dec 2015 8:00 AM
- current affairs
World Jewish Congress head Ronald S Lauder has welcomed Hungarian Prime Minister Viktor Orbán’s recent decision not to use public funds to erect a monument to Horthyera minister Bálint Hóman in Székesfehérvár, in western Hungary. “Orbán’s clear statement on this matter comes very late, but it is nonetheless welcome.

















