Parliament Approves Ad Tax
Budapest, June 11 (MTI) – Media companies, publishers, outdoor ad firms and the publishers of online ads will be subject to a tax on ad revenues, parliament decided today.
The ad tax bill was approved in fast-track procedure with 144 votes in favour and 30 against.
The graduated tax will not apply to annual revenue below 500 million forints (EUR 1.7m) but will be as high as 40 percent above 20 billion forints.
Photo: MTI – Zoltan Mathe
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
What happened today in Hungary – 26 July, 2024
Drama: number of births in a 20-year low in Hungary
Yay or nay? – 6 odd Hungarian delicacies that make our skin crawl
Budapest tourism “exploded” this past weekend
Container transport in Budapest may stop: How will this affect Hungarian economy?
Minister: Hungary will protect its territory by every means possible