The European Court of Justice has ruled on the Hungarian Government in special tax cases against Tesco and Vodafone
The European Court of Justice has ruled in two special tax cases in Hungary, in the special retail and telecommunications tax cases in force between 2010 and 2012.
In one case, Tesco and in another Vodafone sued the Hungarian State for unjustifiably discriminating foreign-owned companies against domestic-owned competitors, contrary to EU law. In fact, about 95% of all taxes were paid by foreign-owned enterprises, which deprived a substantial part or even of the profits of a given year, while their domestic competitors paid a negligible amount of tax.
Related news
Thanks to the dedicated work of colleagues, Tesco has reduced its food waste by 73 percent
Tesco has recently published its ninth food waste report, reporting…
Read more >OKSZ on inflation: We don’t do this!
Compared to April, food prices rose by 0.6 percent in…
Read more >Retail kept its position in terms of employer attractiveness
Honouring Hungary’s most attractive employers, the Randstad Awards have been…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Garlic on European markets: Why a bountiful Chinese harvest doesn’t guarantee low prices?
Although China is set to record a bumper garlic harvest…
Read more >