Special Tax: Hungary Under Fire

People ♦ Published: January 4, 2011; 00:36 ♦ (Vindobona)

Especially the Austrian economy criticizes the Hungarian special tax on large companies. The EU Commission has already started an investigation.

Special Tax: Hungary Under Fire / Picture: © Vindobona.org

After a memorandum signed by thirteen chairmen of European corporations sent to the EU Commission, now politicians are also taking part in this affair. The Austrian Minister of Economy criticizes sharply the new Hungarian special tax which focuses mainly on foreign companies, supporting international criticism of the Hungarian Government.

The tax is retroactive to 2010 and covers…

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