184 result(s) for tax reduction
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
EC Launches Infringement Proceeding Concerning Budapest-Belgrade Railway Project
- 23 Sep 2016 9:00 AM
- getting around
“It seems strange that when most major rail corridors in Europe receive an average of 85 percent funding from the EU, Hungary seems ready to enter into a very costly agreement with China, the costs of which will be borne entirely by Hungarian taxpayers.” – Magyar Nemzet
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Victory In Defeat: Fidesz’s Referendum “Plan B”
- 16 Sep 2016 9:00 AM
- current affairs
Fidesz is reframing the context of its upcoming referendum opposing EU refugee resettlement quotas, in light of recent public polling data that suggests the vote might not garner the required amount of votes to be valid.
Ministry: Hungary Unemployment Rate At Record Low
- 31 Aug 2016 9:00 AM
- business
Hungary’s employment rate has broken a new record and its 5% unemployment rate is at a record low level since the change in political system, the economy ministry said commenting on the Central Statistical Office’s jobs report.
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
EC Launches Infringement Proceeding Concerning Budapest-Belgrade Railway Project
- 23 Sep 2016 9:00 AM
- getting around
“It seems strange that when most major rail corridors in Europe receive an average of 85 percent funding from the EU, Hungary seems ready to enter into a very costly agreement with China, the costs of which will be borne entirely by Hungarian taxpayers.” – Magyar Nemzet
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Victory In Defeat: Fidesz’s Referendum “Plan B”
- 16 Sep 2016 9:00 AM
- current affairs
Fidesz is reframing the context of its upcoming referendum opposing EU refugee resettlement quotas, in light of recent public polling data that suggests the vote might not garner the required amount of votes to be valid.
Ministry: Hungary Unemployment Rate At Record Low
- 31 Aug 2016 9:00 AM
- business
Hungary’s employment rate has broken a new record and its 5% unemployment rate is at a record low level since the change in political system, the economy ministry said commenting on the Central Statistical Office’s jobs report.