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General

EC to check if Hungary telecom tax complies with EU rules

Wednesday 20 October 2010 | 16:39 CET | News
The European Commission will verify whether Hungary's extraordinary tax on the telecommunications sector complies with EU regulations, Dow Jones Newswires reports citing a spokesperson for the EU. A bill to levy a so-called 'crisis tax' on the local telecom operators was passed by Hungary's parliament on 18 October. The parliament also passed bills to levy crisis taxes on energy and retail sectors to meet budget deficit targets and to avoid austerity measures for the public. Under the EU's telecoms rules, in particular Article 12 of the telecoms Authorization Directive 2002/20/CE, charges can

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Categories: General
Companies: European Commission / Magyar Telekom / Telenor Hungary / Vodafone Hungary
Countries: Hungary
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