Budapest (MTI) – The tax on advertisements will stay and maintaining the system of special taxes will remain a priority for the government, cabinet chief Janos Lazar said on Tuesday.

The government has agreed with Erste Bank and EBRD on Monday that the bank tax would stay but it would be decreased, he told public radio Kossuth.

The same applies to the advertisement tax. Following a request and instructions by the European Commission, Hungary will have to reconsider the tax rate but it is beyond question that the tax will stay, Lazar said. He reiterated that the highest ad tax of 5 percent is currently charged in Austria.

The cabinet chief said he had been authorised by Prime Minister Viktor Orban and the ruling Fidesz party group to hold talks with those affected by the ad tax including RTL Klub’s owners, the Bertelsmann group, to prevent an infringement procedure by the European Commission.

Lazar declined to reveal details but said Orban will meet the group’s leader on February 24. Both the cabinet office and the Bertelsmann group have a proposal to be discussed on that occasion, he said.

Photo: www.fidesz.hu

Source: http://mtva.hu/hu/hungary-matters

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