Varga Mihály: special taxes do not conflict with the EU law
According to the Hungarian position, the food chain management fee or the health care contribution on tobacco products, do not conflict with the EU rules – Varga Mihály, Minister of National Economy told M1 news channel.
The European Commission is studying the laws, and prohibited the use of progressive rates until the investigation will be closed. Varga Mihály, Minister of National Economy explained that the suspension will cause an of approximately 35-40 billion HUF loss to the budget, but the government plans to consult with the European Commission in the case.
Varga Mihály added that the measures that have previously gone through the same procedures finally received a “green light”. (MTI)
Related news
EU and Mercosur countries reach political agreement on planned free trade agreement
The European Commission and representatives of Mercosur countries have concluded…
Read more >Mihály Varga: the Hungarian economy successfully received the last credit rating of this year
“This year alone, the credit rating agencies have assessed Hungary…
Read more >Hungarian Commissioner responsible for animal welfare in the European Commission
The new European Commission has taken office. For the first…
Read more >Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >