248 result(s) for tax revenues
Opposition Parties Call On Politicians To Declare Offshore Interests
- 6 Apr 2016 9:00 AM
- current affairs
All politicians should make a public declaration if they are involved in any offshore businesses, the leftist opposition Democratic Coalition has urged. Referring to press reports, DK spokesman Zsolt Gréczy told a press conference that two Hungarian politicians have been named in connection with the recent offshore scandal.
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.
Hungarian Casinos Yield Gambling Tax Revenue Of More Than HUF 7bn In 2015
- 27 Jan 2016 8:00 AM
- business
Casinos operating in Hungary were due to pay combined gambling tax of 7.375 billion forints (EUR 23m) in 2015, state secretary of the Economy Ministry András Tállai said. Reduced by concession fees already paid, the amount came to 3.086 billion, the state secretary added in his answer to a question by opposition MP István Ikotity, published on Parliament’s website
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.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
No Evidence Hungary Lost On Volkswagen Emission Scandal
- 11 Nov 2015 8:00 AM
- business
There is no direct evidence that Hungary has made any losses in connection with Volkswagen’s emission scandal, the economy ministry said in response to the opposition Dialogue for Hungary (PM) party’s question regarding losses. It would be premature to guess if any tax revenue was lost in connection with the vehicles registered in Hungary, the ministry said.
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.
Opposition Parties Call On Politicians To Declare Offshore Interests
- 6 Apr 2016 9:00 AM
- current affairs
All politicians should make a public declaration if they are involved in any offshore businesses, the leftist opposition Democratic Coalition has urged. Referring to press reports, DK spokesman Zsolt Gréczy told a press conference that two Hungarian politicians have been named in connection with the recent offshore scandal.
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.
Hungarian Casinos Yield Gambling Tax Revenue Of More Than HUF 7bn In 2015
- 27 Jan 2016 8:00 AM
- business
Casinos operating in Hungary were due to pay combined gambling tax of 7.375 billion forints (EUR 23m) in 2015, state secretary of the Economy Ministry András Tállai said. Reduced by concession fees already paid, the amount came to 3.086 billion, the state secretary added in his answer to a question by opposition MP István Ikotity, published on Parliament’s website
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.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
No Evidence Hungary Lost On Volkswagen Emission Scandal
- 11 Nov 2015 8:00 AM
- business
There is no direct evidence that Hungary has made any losses in connection with Volkswagen’s emission scandal, the economy ministry said in response to the opposition Dialogue for Hungary (PM) party’s question regarding losses. It would be premature to guess if any tax revenue was lost in connection with the vehicles registered in Hungary, the ministry said.
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.


















