Fidesz: Brussels attacks sectoral taxes, again

History

Hungaryʼs sectoral taxes came under attack by Brussels again, the ruling Fidesz party’s parliamentary faction said late yesterday in a statement, which called on the Hungarian government to step up in the country’s defense, Hungarian news agency MTI reported. 

"Brussels is now, too, defending the interests of foreign multinationals instead of the interests of Hungarian people," the statement says.

According to the statement "special taxes that affect sectors that have extra profits make up an important part of the new Hungarian tax system: they make the public burden fairer and more reciprocal, contributing to the fiscal balance and achieving important social goals."

The announcement by Fidesz is a reaction to the European Commission’s (EC) announcement earlier yesterday on opening two in-depth investigations into Hungaryʼs supermarket oversight fee and healthcare contributions payable by tobacco companies. Hungarian online news daily origo.hu said yesterday that, under the ECʼs decision, the two taxes cannot be collected until the investigations are closed.

Responding to a query by MTI, the National Economy Ministryʼs press secretariat said the government had only learnt of the ECʼs decision from the Commissionʼs statement. "The cabinet will form its position after receiving the Commissionʼs resolution," the press secretariat said.

ADVERTISEMENT

Farm, food industry confidence improves slightly in Q2 Analysis

Farm, food industry confidence improves slightly in Q2

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.