Health contribution on tobacco becomes permanent, the bank tax to be reduced
The health contributions of the tobacco companies will remain for the next year. Its value is a total of 11.5 billion HUF – Lázár János, Minister, the leaderof the Prime Minister’s Office announced on Thursday at a press conference.
The government decided that the tobacco companies have to pay 11.5 billion HUF into the budget. This health care contribution has to be paid each year.
The government also decided to begin to reduce the tax on banks from 2016 in accordance with the original agreement with the EBRD.
The Minister also confirmed that the level of advertising tay will be maximizedin 5.3 percent, over 100 million HUF sales revenue. Under 100 million HUF the tax rate will be zero. (MTI, portfolio.hu)
Related news
Solutions to soaring food prices: opposition proposals to reduce VAT and special taxes
In recent months, the debate over the drastic increase in…
Read more >The Chinese market sustains the tobacco industry
While smoking has declined in much of the world as…
Read more >Despite the labor shortage and the extreme heat, domestic tobacco cultivation does not stop
The Continental Tobacco Industry Group from Sátoraljaújhely looks forward to…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >