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Per-minute tax on phone calls, txt messages to come into effect from July

Banking

Parliament approved on Friday a proposal to introduce a HUF 2 per minute tax on telephone calls from July 1. Service providers will also have to pay HUF 2 per text message under the new law. The new tax will be collected from the service providers from August 1. The government expects to collect HUF 44.4 billion per year from the telephone tax. The tax would be capped at HUF 700 per month per capita. Companies would be paying a maximum HUF 2,500 per month. The first ten minutes' worth of phone calls would be exempt from the tax for private individuals, and emergency calls and the calling of phone numbers raising funds for charity will also be exempt.

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