117 result(s) for transaction tax
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
Hungary's Economy Minister Varga Orders Tax Audit Of RTL Klub
- 26 Jun 2014 9:00 AM
- current affairs
RTL Klub television will undergo an audit by the Tax Office (NAV), Economy Minister Mihály Varga told reporters yesterday, saying that the company may have recorded a fictitious transaction on its books in order to reduce its tax burden. The announcement came a few days after reports that a late modification to the advertising tax bill may have saved RTL as much as Ft 3 billion in taxes this year.
Hungarian Banks Pass On Cost Of Transaction Duty To Clients
- 1 Apr 2014 9:00 AM
- business
Hungarian banks have passed on the entire cost of the financial transaction duty to their clients, according to a study by the National Bank of Hungary published on Monday. NBH department chief Lóránt Varga, one of the authors of the study, said banks had incorporated the cost of the transaction duty for bank card payments into higher annual card fees.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
EESC Chief Examines Hungary’s Crisis Management Measures
- 6 Nov 2013 8:00 AM
- current affairs
President of the European Economic and Social Committee (EESC) Henri Malosse held talks with Prime Minister Viktor Orbán on Monday. Mr. Malosse is in Hungary to study the innovative steps that have enabled the country to recover from the economic crisis.
EU Looking Into Hungary's Gas Price Regulations
- 8 Oct 2013 9:00 AM
- current affairs
The European Commission requested information from the Hungarian government in a letter sent in August on the gas price regulations, starting a so-called pilot process, EU news website Bruxinfo reports.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's National Bank Losses Expanded In First Half
- 27 Aug 2013 9:00 AM
- business
MKB Bank lost €108 million before taxes in the first half of the year, up from a €66 million loss one year earlier, according to the interim report of its parent bank BayernLB. MKB paid €46 million of the bank tax and €26 million of the financial transaction tax in the first quarter.
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
Hungary's Economy Minister Varga Orders Tax Audit Of RTL Klub
- 26 Jun 2014 9:00 AM
- current affairs
RTL Klub television will undergo an audit by the Tax Office (NAV), Economy Minister Mihály Varga told reporters yesterday, saying that the company may have recorded a fictitious transaction on its books in order to reduce its tax burden. The announcement came a few days after reports that a late modification to the advertising tax bill may have saved RTL as much as Ft 3 billion in taxes this year.
Hungarian Banks Pass On Cost Of Transaction Duty To Clients
- 1 Apr 2014 9:00 AM
- business
Hungarian banks have passed on the entire cost of the financial transaction duty to their clients, according to a study by the National Bank of Hungary published on Monday. NBH department chief Lóránt Varga, one of the authors of the study, said banks had incorporated the cost of the transaction duty for bank card payments into higher annual card fees.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
EESC Chief Examines Hungary’s Crisis Management Measures
- 6 Nov 2013 8:00 AM
- current affairs
President of the European Economic and Social Committee (EESC) Henri Malosse held talks with Prime Minister Viktor Orbán on Monday. Mr. Malosse is in Hungary to study the innovative steps that have enabled the country to recover from the economic crisis.
EU Looking Into Hungary's Gas Price Regulations
- 8 Oct 2013 9:00 AM
- current affairs
The European Commission requested information from the Hungarian government in a letter sent in August on the gas price regulations, starting a so-called pilot process, EU news website Bruxinfo reports.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's National Bank Losses Expanded In First Half
- 27 Aug 2013 9:00 AM
- business
MKB Bank lost €108 million before taxes in the first half of the year, up from a €66 million loss one year earlier, according to the interim report of its parent bank BayernLB. MKB paid €46 million of the bank tax and €26 million of the financial transaction tax in the first quarter.