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Infringement Proceedings Against Hungary?

Published: September 13, 2012; 19:42 · (Vindobona)

The Commission of the European Union is said to start infringement proceedings against Hungary because of the introduction of financial transaction taxes.

Infringement Proceedings Against Hungary? / Picture: © Flickr

According to the news provider bruxinfo.hu, the Commission may start proceedings against the Hungarian government. In 2013, Hungary plans to introduce the financial transaction tax.

The tax would impose a levy on all transactions. The current Hungarian bank tax should be replaced by a financial transaction tax gradually. Banks should not be affected directly. In 2013, the bank…

This article includes a total of 139 words.

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