Professional organizations recommend consulting on the advertising tax
According to the standpoint of the professional associations, the effects of the planned “advertising tax” on the media sector are still unpredictable for the sector and for the general public, and it will dramatically affect the communications industry, which is in a difficult situation.
The media sector, is in a hard situation for years. The sector over the last five years has lost more than a third of its advertising revenues.
The tax liability in the draft would ultimately jeopardize the media sector’s ability to create jobs, itsinvestment, research and development activities, social functions, and the supply of its basic social functions. The planned tax liability so not only affecting the media sector’s activities, but its harmful effects would cover the entire communication industry and also the associated industries.
The Organizations who wrote the press release:
Magyar Reklámszövetség
Direkt és Interaktív Marketing Szövetség
Interactive Advertising Bureau (IAB) Hungary
Magyar Elektronikus Műsorszolgáltatók Egyesülete
Magyar Közterületi Reklámszövetség
Magyar Lapkiadók Egyesülete
Magyarországi Kommunikációs Ügynökségek Szövetsége
Magyarországi Tartalomszolgáltatók Egyesülete
Piackutatók Magyarországi Szövetsége
Professzionális Piackutatók Társasága
Reklám Világszövetség Magyar Tagozat
Főszerkesztők Fóruma
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >