European Commission: the Hungarian advertising tax legislation infringes EU rules
The Hungarian advertising tax legislation infringes the EU rules on state support, since its progressive tax rate provides a selective advantage to certain companies – the European Commission announced on Friday.
The committee launched an in-depth investigation in March 2015 and concluded that the Hungarian advertising tax provides a selective advantage to those companies which were not profitable in 2013, allowing them to pay less taxes. (MTI)
Related news
Ministry of Agriculture: Our country continues to stand for effective plant and animal protection
Brussels must not endanger the competitiveness of farmers in the…
Read more >The European Commission demands the abolition of margin squeeze
The European Commission has launched infringement proceedings against Hungary over…
Read more >European Commission launches public consultation on modernising EU animal welfare legislation
The European Commission is seeking citizens’ views on the impact…
Read more >Related news
The number of residential air conditioners in Hungary could increase by one million – so let’s choose wisely
The number of household air conditioners in Hungary has increased…
Read more >New Product Launches In Spain Hit New Low, Study Finds
Innovation in Spain’s FMCG sector is at a record low,…
Read more >Auchan Romania Rolls Out Bulk Collection For Deposit Return System
Auchan Romania has introduced a new bulk collection system at…
Read more >