674 result(s) for vat
Massive Motor Oil Fraud Uncovered
- 6 Jul 2016 9:00 AM
- current affairs
An “invoice factory” in Debrecen has led detectives of the National Tax and Customs Office to an industrial-scale motor oil adulteration operation, suspected of defrauding the government of nearly Ft 1.5 billion worth of VAT. Six suspects have been questioned, of whom five are in custody.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
Euro2016: The Slogan Of Hungary Is Already A Winner
- 13 Jun 2016 9:00 AM
- sport
The English magazine Creative Review has rated and reviewed the slogans of the 24 national teams competing at the European Football Championship. In a close competition, the Hungarian slogan eventually triumphed, index.hu reports. The slogans, chosen by public vote, appear on the national teams’ buses. The Hungarian slogan is Ria Ria Hungária which also features on the bus in English, as ...
Municipal Court Sentences Man In Connection With Bunge Case
- 8 Jun 2016 9:00 AM
- current affairs
The Municipal Court sentenced a man for soliciting payment from a US company based in Hungary in return for using his influence to lower the VAT rate on cooking oil. In the non-binding ruling, the man was handed a two-year prison sentence suspended for three years. The charges were brought in December last year.
Test Track For Selfdriving Cars To Be Built In W Hungary
- 20 May 2016 9:00 AM
- getting around
The government plans to build a test track for, primarily, driverless cars, in Zalaegerszeg, in western Hungary, Prime Minister Viktor Orbán announced on Thursday. Speaking at the “Cars of the Future” conference at the Budapest University of Technology and Economics, Orbán called the test track a major investment, “the like of which cannot be found” within 500 kilometres of Hungary.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Szeged Market Traders Protest
- 11 May 2016 1:00 AM
- shopping
Traders at Szeged’s Cserepes market staged the latest in a series of demonstrations in front of the city hall on Monday against plans by the city to raise their rents. The city-owned company that runs the market has increased the rent significantly beyond what poorer traders can afford, the protesters argue.
Massive Motor Oil Fraud Uncovered
- 6 Jul 2016 9:00 AM
- current affairs
An “invoice factory” in Debrecen has led detectives of the National Tax and Customs Office to an industrial-scale motor oil adulteration operation, suspected of defrauding the government of nearly Ft 1.5 billion worth of VAT. Six suspects have been questioned, of whom five are in custody.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
Euro2016: The Slogan Of Hungary Is Already A Winner
- 13 Jun 2016 9:00 AM
- sport
The English magazine Creative Review has rated and reviewed the slogans of the 24 national teams competing at the European Football Championship. In a close competition, the Hungarian slogan eventually triumphed, index.hu reports. The slogans, chosen by public vote, appear on the national teams’ buses. The Hungarian slogan is Ria Ria Hungária which also features on the bus in English, as ...
Municipal Court Sentences Man In Connection With Bunge Case
- 8 Jun 2016 9:00 AM
- current affairs
The Municipal Court sentenced a man for soliciting payment from a US company based in Hungary in return for using his influence to lower the VAT rate on cooking oil. In the non-binding ruling, the man was handed a two-year prison sentence suspended for three years. The charges were brought in December last year.
Test Track For Selfdriving Cars To Be Built In W Hungary
- 20 May 2016 9:00 AM
- getting around
The government plans to build a test track for, primarily, driverless cars, in Zalaegerszeg, in western Hungary, Prime Minister Viktor Orbán announced on Thursday. Speaking at the “Cars of the Future” conference at the Budapest University of Technology and Economics, Orbán called the test track a major investment, “the like of which cannot be found” within 500 kilometres of Hungary.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Szeged Market Traders Protest
- 11 May 2016 1:00 AM
- shopping
Traders at Szeged’s Cserepes market staged the latest in a series of demonstrations in front of the city hall on Monday against plans by the city to raise their rents. The city-owned company that runs the market has increased the rent significantly beyond what poorer traders can afford, the protesters argue.


















