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…

or Log In

Fast News Search
Related News
13 CEOs Call For Sanctions Against Hungary (January 2, 2011)
Garage Operator Company List Expands to Hungary (December 28, 2010)
Austrian Economic Chamber Supports Development of the Danube as a Transportation Route (December 9, 2010)
Erste Group: Job Reduction in Hungary (November 11, 2010)
Competition for Hungarian ÖBB Subsidiary (November 5, 2010)
Hungarian Railway Workers Strike Against Rail Cargo (October 27, 2010)
Read More
Reinhold Mitterlehner, Ministry of Economics, Rainer Bruederle, FDI Foreign Direct Investments, EU European Union, Taxation, Hungary
Featured
See latest Vindobona Newsletter