668 result(s) for vat
Hungary’s Tax Office Wins Four In Five Lawsuits In 2015
- 21 Jan 2016 2:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) won more than 78% of the around 2,500 lawsuits taxpayers brought against it last year, daily Magyar Idők said. The percentage was up from 70% in the previous years, the paper said.
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Xpat Opinion: 2015 – Hungary’s PM Viktor Orbán’s Year
- 5 Jan 2016 8:00 AM
- current affairs
In their assessment of last year’s developments, commentators focus on Prime Minister Orbán’s performance – for better or for worse. They recall that the Prime Minister was identified by more than one international outlet as the ‘man of the year’.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Budapest Prosecutor Presses Charges In Connection With US Entry Ban
- 21 Dec 2015 8:00 AM
- current affairs
Budapest’s chief prosecutor has raised charges against a suspect believed to have solicited a bribe from US cooking oil producer Bunge in return for influencing Hungarian VAT legislation. Tibor Ibolya said that the suspect known as V.T. had claimed to know Peter Heim, head of Századvég, a think-tank close to the government.
Hungary’s Tax Office Wins Four In Five Lawsuits In 2015
- 21 Jan 2016 2:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) won more than 78% of the around 2,500 lawsuits taxpayers brought against it last year, daily Magyar Idők said. The percentage was up from 70% in the previous years, the paper said.
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Xpat Opinion: 2015 – Hungary’s PM Viktor Orbán’s Year
- 5 Jan 2016 8:00 AM
- current affairs
In their assessment of last year’s developments, commentators focus on Prime Minister Orbán’s performance – for better or for worse. They recall that the Prime Minister was identified by more than one international outlet as the ‘man of the year’.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Budapest Prosecutor Presses Charges In Connection With US Entry Ban
- 21 Dec 2015 8:00 AM
- current affairs
Budapest’s chief prosecutor has raised charges against a suspect believed to have solicited a bribe from US cooking oil producer Bunge in return for influencing Hungarian VAT legislation. Tibor Ibolya said that the suspect known as V.T. had claimed to know Peter Heim, head of Századvég, a think-tank close to the government.