The industry asked the government to extend the suspension of the advertising tax
The Hungarian Advertising Association (MRSZ) appealed to the government to extend the suspension of the advertising tax until January 1 due to the economic crisis, the association informed MTI on Tuesday. Cabinet Minister Antal Rogán indicated that the government will consider the request.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2022/10/Ke%CC%81pernyo%CC%8Bfoto%CC%81-2022-10-18-21.58.12.png)
The rollback of the advertising tax works against economic stabilization and growth
János Gulyás, the president of the association, had a discussion with Antall Rogán, the prime minister’s chief of staff, about suspending the advertising tax for this year, which was announced in May by the Minister of Economic Development, Márton Nagy, along with several other special taxes.
In the letter sent to the Prime Minister and during discussions with the Prime Minister’s Cabinet Office, the MRSZ repeated its previously published arguments. Antal Rogán indicated in relation to the request of the MRSZ that the cabinet would consider their request.
According to their arguments, the advertising and media industry understands that the Hungarian budget is in a difficult situation, but according to the unanimous opinion of the profession, the return of the advertising tax works against economic stabilization and growth. According to them, in the current severely weakened macroeconomic environment burdened by the severe energy crisis, the tax could crush the advertising industry, which is already showing a declining performance.
MTI
Related news
The MRSZ calls for industry cooperation and an action plan
At the request of the MRSZ, EY prepared a study…
Read more >MRSZ Media cake: high inflation took away the growth of the Hungarian advertising market
The figures of the Hungarian Advertising Association (MRSZ) assessing the…
Read more >How to find the best Hungarian brands? The MagyarBrands Programme will help you!
The MagyarBrands Programme has been assessing Hungarian brands for fourteen…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >