The advertising tax adopted last June by the Hungarian parliament currently applies to media enterprises. Earlier János Lázár, head of the PM’s office, had said the expected HUF 8 bln revenue would be spent on schools but László L. Simon said yesterday that the tax was not planned to support a special cause and would flow directly into state coffers.
László L. Simon stressed that the advertisement revenue tax did not specifically target German-owned RTL Klub. The management of the TV channel thinks otherwise. “The company generates a big profit year on year anyway; paying a few billion forints in taxes will not bring it to ruin,” the politician added.
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