246 result(s) for tax revenues
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.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Interview 4: Diego Massidda, Former CEO, Vodafone Hungary
- 29 Jul 2015 12:00 PM
1. Since we last met Vodafone Hungary abolished roaming charges - how is this working out for customers, and your business? Have other companies followed your lead?
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.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Interview 4: Diego Massidda, Former CEO, Vodafone Hungary
- 29 Jul 2015 12:00 PM
1. Since we last met Vodafone Hungary abolished roaming charges - how is this working out for customers, and your business? Have other companies followed your lead?