Tag Archives: tax

elelmiszer2

The government will discuss the issue of reducing VAT on food products on 27 March. It seems tha the Minister for Rural Development, insists to the referral that was jointly written with the National Economy Ministry in which they are urging to reduce VAT in case of all food products....

mazars

Many domestic businesses will be affected by the fact that the Hungarian government modified intergovernmental tax treaties with several countries such as the USA and Germany, and a number of old treaty’s re-negotiatings are ongoing – the latest report of MAZARS international audit and consulting firm calls attention. According to...

The department store is considered to be the first modern form of retail, the first such unit opened in 1890 in the USA, under the still going Macy’s brand name. Hypermarkets are today’s successors of department stores and this type of store is about to undergo major changes because the...

roperty tax and asset tax may be put on the table at IMF-EU talks, but Hungary will not yield ground on these”, Mihály Varga Minister without portfolio responsible for the international loan negotiations said to commercial television TV2 on Friday. Mihály Varga stated, “At the talks we shall draw attention...

abádszalók 083

Unhealthy snacks and soft drinks should be taxed to fight bad eating habits in rich countries, the United Nations’ chief nutrition expert said in a report on Tuesday. At the same time, the UN Special Rapporteur on the right to food, Olivier De Schutter, said the agriculture industry should be...

It is too early to predict the consequences of the public health product fee (NETA) – we heard at the food processing conference recently held in the German and Hungarian House of Economy. According to ÉFOSZ (Federation of Hungarian Food Industries), the new tax is already being drastically increased and...

The new disaster management system which was introduced on January 1 will make Hungary a safer country, Prime Minister Viktor Orban said on Monday, addressing a ceremonial staff meeting of the newly integrated organisation. Orban said that had the system been introduced earlier, disastrous floods or western Hungary’s toxic red-sludge...

Parliament has approved a sharp rise of taxes on gambling machines as of 1st NOVEMBER, and the introduction of a tax on online gambling as of January 1, 2012. The approved measures can take effect in a month time after Parliament approved to reduce the minimum period between the time...

From Saturday, all foods that contain harmful fatty acids are more expensive in Denmark. Before the introduction of the new tax Danes began to shopping in panic. It is the for the first time in world history when a tax was introduced on fatty foods. The Danish Parliament’s health committee...

Individual cigarette production equipment was discovered by finance guard investigators discovered in the garage of a house in Gyöngyös – National Tax and Customs Administration (NAV) informed MTI. The machine is suitable for the production of one carton of cigarettes in half an hour. The powered device is essentially a...