68 result(s) for taxe reduction
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
ECJ Rules Against Tax-Free Pálinka Distillation In Hungary
- 11 Apr 2014 9:00 AM
- food & drink
Rural Development Minister Sándor Fazekas reacted angrily yesterday after the European Court of Justice (ECJ) ruled against the Hungarian regulation that exempts distillers from paying taxes on the first 50 litres of pálinka (fruit brandy) produced annually.
Hungary’s Analysts Predict Fidesz Economic Policy Of “Consolidation”
- 7 Apr 2014 4:00 AM
- current affairs
Economic analysts polled by MTI expect Fidesz, which won a sweeping victory in Sunday’s election, to continue pursuing its economic policies in the new term. Péter Heim, head of Századvég economic research institute, said the new Fidesz government is likely to keep the budget deficit below 3% of the country’s output, and the deficit is likely to come nearer to 2% in 2015.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Chances Are High For Hungary To Rise To Be Among Most Successful EU States
- 7 Mar 2013 8:00 AM
- current affairs
During the course of his visit to Warsaw, Prime Minister Viktor Orbán met Polish university students while giving a lecture at the University of Warsaw. The audience of about 200 people, comprising students and lecturers, welcomed him with a large round of applause.
Hungary's PM Orbán Reluctant To Lower VAT On Food
- 5 Mar 2013 8:00 AM
- shopping
Prime Minister Viktor Orbán yesterday rejected a Socialist MP’s suggestion that the VAT on staple foods be reduced. Socialist Zoltán Gõgös urged a reduction in the VAT in Parliament Monday afternoon, saying people are going hungry and the present system encourages them to cheat.
Xpat Opinion: Utility Tariff Cuts Debated In Hungary
- 15 Jan 2013 8:00 AM
- current affairs
A left-wing commentator suggests that the energy price cuts will further slow down the Hungarian economy. Pro-government columnists, on the other hand, find it bizarre that the left opposes the price cuts after criticizing the government for restrictions and austerity.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
ECJ Rules Against Tax-Free Pálinka Distillation In Hungary
- 11 Apr 2014 9:00 AM
- food & drink
Rural Development Minister Sándor Fazekas reacted angrily yesterday after the European Court of Justice (ECJ) ruled against the Hungarian regulation that exempts distillers from paying taxes on the first 50 litres of pálinka (fruit brandy) produced annually.
Hungary’s Analysts Predict Fidesz Economic Policy Of “Consolidation”
- 7 Apr 2014 4:00 AM
- current affairs
Economic analysts polled by MTI expect Fidesz, which won a sweeping victory in Sunday’s election, to continue pursuing its economic policies in the new term. Péter Heim, head of Századvég economic research institute, said the new Fidesz government is likely to keep the budget deficit below 3% of the country’s output, and the deficit is likely to come nearer to 2% in 2015.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Chances Are High For Hungary To Rise To Be Among Most Successful EU States
- 7 Mar 2013 8:00 AM
- current affairs
During the course of his visit to Warsaw, Prime Minister Viktor Orbán met Polish university students while giving a lecture at the University of Warsaw. The audience of about 200 people, comprising students and lecturers, welcomed him with a large round of applause.
Hungary's PM Orbán Reluctant To Lower VAT On Food
- 5 Mar 2013 8:00 AM
- shopping
Prime Minister Viktor Orbán yesterday rejected a Socialist MP’s suggestion that the VAT on staple foods be reduced. Socialist Zoltán Gõgös urged a reduction in the VAT in Parliament Monday afternoon, saying people are going hungry and the present system encourages them to cheat.
Xpat Opinion: Utility Tariff Cuts Debated In Hungary
- 15 Jan 2013 8:00 AM
- current affairs
A left-wing commentator suggests that the energy price cuts will further slow down the Hungarian economy. Pro-government columnists, on the other hand, find it bizarre that the left opposes the price cuts after criticizing the government for restrictions and austerity.


















