25 result(s) for voted in Business
Hungary’s Tax Authority Becomes Part Of Economy Ministry
- 2 Dec 2015 9:00 AM
- business
Hungary’s parliament voted to abolish NAV, the tax and customs authority, as an independent body and fold it into a state secretariat operating as part of the economy ministry. The authority will become a two-tiered organisation and the 19 county-level tax and customs units will be merged. The three separate tax and customs units in the capital will also be rolled into one.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
New Rules For Alcohol Excise Tax In Hungary
- 7 Jan 2015 8:00 AM
- business
The Prime Minister’s Office has proposed to reverse all new rules determining the amount of an excise tax bank guarantee paid by alcohol wholesalers after a series of proposals made on the subject. Gergely Gulyás, the ruling Fidesz party’s head of parliament’s legislative committee, said that the excise tax bank guarantee paid by wholesalers on beer, wine, sparkling wine and intermediate ...
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Most Hungarian Say FX Pain Should Be Shared
- 24 Sep 2013 9:00 AM
- business
A 63% majority of Hungarians believe that the costs of solving foreign-currency debt problems should be shared between banks, debtors and the state, according to a survey for website Bankmonitor.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Monetary Council Solid On Rate Cuts In Hungary
- 16 May 2013 9:00 AM
- business
Monetary Council members voted unanimously to reduce the base rate for the ninth consecutive month by 25 basis points to 4.75% at the April 23 meeting, according to the minutes released yesterday.
Hungary’s Tax Authority Becomes Part Of Economy Ministry
- 2 Dec 2015 9:00 AM
- business
Hungary’s parliament voted to abolish NAV, the tax and customs authority, as an independent body and fold it into a state secretariat operating as part of the economy ministry. The authority will become a two-tiered organisation and the 19 county-level tax and customs units will be merged. The three separate tax and customs units in the capital will also be rolled into one.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
New Rules For Alcohol Excise Tax In Hungary
- 7 Jan 2015 8:00 AM
- business
The Prime Minister’s Office has proposed to reverse all new rules determining the amount of an excise tax bank guarantee paid by alcohol wholesalers after a series of proposals made on the subject. Gergely Gulyás, the ruling Fidesz party’s head of parliament’s legislative committee, said that the excise tax bank guarantee paid by wholesalers on beer, wine, sparkling wine and intermediate ...
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Most Hungarian Say FX Pain Should Be Shared
- 24 Sep 2013 9:00 AM
- business
A 63% majority of Hungarians believe that the costs of solving foreign-currency debt problems should be shared between banks, debtors and the state, according to a survey for website Bankmonitor.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Monetary Council Solid On Rate Cuts In Hungary
- 16 May 2013 9:00 AM
- business
Monetary Council members voted unanimously to reduce the base rate for the ninth consecutive month by 25 basis points to 4.75% at the April 23 meeting, according to the minutes released yesterday.