674 result(s) for vat
Hungary’s World Aquatics Championships Budget At Huf 49bn
- 4 Jun 2015 9:00 AM
- sport
Hosting the 2017 FINA World Aquatics Championships could cost Hungary 49 billion forints (EUR 157m), though the budget would recover about 10 billion forints in the form of VAT, the government’s commissioner for priority investments in the capital said. Balázs Fürjes said the construction of an aquatics centre in the north of the capital that will serve as the event’s main venue would cost net ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Lower Utilities Tax For Network Investments In Hungary Possible
- 13 May 2015 9:00 AM
- tech
A reduction in the utilities tax should be considered if internet service providers build new networks or upgrade their existing ones, state secretary for info-communications, Ákos Kara, said. Hungary is back on the path of economic growth, thus the government will weigh the possibility of reducing some tax burdens next year, Kara said.
Internet Taxes “Could Be Cut From Next Year” In Hungary
- 13 May 2015 9:00 AM
- tech
Taxes related to internet use in Hungary could be reduced from the start of 2016, the government’s commissioner for national consultation on the internet said. VAT on internet subscriptions, the special telco tax or the utilities tax on broadband networks could be reduced, Tamás Deutsch told the Media Hungary conference.
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.
Famous Hungarian Racehorse Owner In Custody
- 24 Apr 2015 9:00 AM
- current affairs
Zoltán Mikóczy, owner of the Hungarian racehorse Overdose, which enjoyed success on the European racing circuit four years ago, has been arrested on suspicion of involvement in a large-scale tax evasion scheme in the sugar trade.
Hungary’s World Aquatics Championships Budget At Huf 49bn
- 4 Jun 2015 9:00 AM
- sport
Hosting the 2017 FINA World Aquatics Championships could cost Hungary 49 billion forints (EUR 157m), though the budget would recover about 10 billion forints in the form of VAT, the government’s commissioner for priority investments in the capital said. Balázs Fürjes said the construction of an aquatics centre in the north of the capital that will serve as the event’s main venue would cost net ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Lower Utilities Tax For Network Investments In Hungary Possible
- 13 May 2015 9:00 AM
- tech
A reduction in the utilities tax should be considered if internet service providers build new networks or upgrade their existing ones, state secretary for info-communications, Ákos Kara, said. Hungary is back on the path of economic growth, thus the government will weigh the possibility of reducing some tax burdens next year, Kara said.
Internet Taxes “Could Be Cut From Next Year” In Hungary
- 13 May 2015 9:00 AM
- tech
Taxes related to internet use in Hungary could be reduced from the start of 2016, the government’s commissioner for national consultation on the internet said. VAT on internet subscriptions, the special telco tax or the utilities tax on broadband networks could be reduced, Tamás Deutsch told the Media Hungary conference.
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.
Famous Hungarian Racehorse Owner In Custody
- 24 Apr 2015 9:00 AM
- current affairs
Zoltán Mikóczy, owner of the Hungarian racehorse Overdose, which enjoyed success on the European racing circuit four years ago, has been arrested on suspicion of involvement in a large-scale tax evasion scheme in the sugar trade.


















