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Hungary to hike telecom tax

2013-06-18 08:49:00| Telecompaper Headlines

(Telecompaper) Hungary's government will increase the telecommunication tax as part of a budget-tightening plan aimed at avoiding penalties from the EU, writes local publication Portfolio.hu. EU finance ministers are likely to endorse the European Commission's recommendation to not open an excessive deficit procedure against Hungary. The EC made this recommendation at the end of May, while announcing the reopening of the EDP for Malta. Other measures announced by Hungary's government include the doubling of the financial transaction tax and the increase of the mining fee. Introduced in Hungary for fixed and mobile voice and mobile SMS/MMS services from 1 July 2012, the telecom tax will be increased to HUF 3 per minute and per SMS/MMS, and the cap for businesses will be doubled to HUF 5,000.

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OECD calls for tax evasion clampdown

2013-06-18 01:07:24| BBC News | Business | UK Edition

Governments worldwide should clamp down on tax evasion by automatically sharing tax information, a report to the G8 by the OECD says.

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AUDIO: Archbishop: tax avoidance is 'sinful'

2013-06-17 17:06:58| BBC News | Business | UK Edition

The Archbishop of York Dr John Sentamu believes the tax affairs of some large companies are sinful.

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G8 Summit turns spotlight on tax fraud and evasion

2013-06-17 14:33:42| Capgemini News Feed

Ian Pretty Language Worldwide Share: Share this page

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VIDEO: Google: 'We pay tax required by law'

2013-06-17 11:26:06| BBC News | Business | UK Edition

Scott Rubin, Communications Director, Google has been asked about Google's tax arrangements and said that his company pays what is "required by law".

Tags: video required google pay

 

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