0
Broadband

Hungary's VAT on internet services continues to drop

Wednesday 3 January 2018 | 15:02 CET | News
Hungary's VAT on internet services dropped from the existing 18 percent to 5 percent from 1 January, according to news agency MTI's daily newsletter Hungary Matters. The economy ministry previously said that the 13 percent drop is expected to leave HUF 22 billion (EUR 70 million) in the pockets of consumers. Hungary's VAT on internet services was reduced from 27 percent to 18 percent in January 2017. In 2016, the EC opposed Hungary's proposed VAT cuts on internet subscriptions.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: Hungary
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Magyar Telekom launches 'Now' TV ad campaign

Published 21 Feb 2018 07:39 CET | Hungary
Magyar Telekom launched a TV advertising campaign that is aimed at the so-called generation 'Now'. This generation is formed by ...

Telenor Hungary to keep prices despite VAT decrease on internet services

Published 23 Jan 2018 09:07 CET | Hungary
Telenor Hungary announced that it won't increase its net tariffs and service charges after the VAT reduction on internet services ...

EC opposes Hungary's VAT cut on internet services

Published 20 Jul 2016 12:16 CET | Hungary
Hungary's cabinet state secretary for government communications, Bence Tuzson, told a news conference that the European ...

Hungary to solicit lower VAT on internet from EU

Published 07 Mar 2016 13:40 CET | Hungary
Hungary may demand Brussels reduce the value added tax on Hungarian operators' internet subscriptions, writes local publication ...

Hungary to lower VAT on internet subscriptions - report

Published 11 May 2015 13:08 CET | Hungary
The VAT rate on Hungarian operators internet subscriptions may be lowered from 27 percent to 18 percent from January 2016, ...





EUR 17.9
Dutch blended ARPU
Netherlands  |  2017Q4

Calendar   /   Industry Events

23 Apr Tele2 Q1 2018
23 Apr Alphabet Q1 2018
23 Apr Bharti Infratel Q1 2018
23 Apr MTG Q1 2018
23 Apr Dtac Q1 2018
23 Apr Monetising Big Data in Telecoms World Summit
23 Apr MVNOs World Congress
23 Apr AI and Digital Innovation
24 Apr Verizon Q1 2018
24 Apr Texas Instruments Q1 2018
24 Apr Corning Q1 2018
24 Apr Inphi Q1 2018
24 Apr Millicom Q1 2018
24 Apr Etisalat Q1 2018
24 Apr Siminn Q1 2018
24 Apr Telekom Austria Q1 2018
24 Apr Telenor Q1 2018
24 Apr Audicodes Q1 2018
24 Apr NextGenTel AGM
24 Apr Telecom Italia AGM
25 Apr Telefonica Deutschland Q1 2018
25 Apr Optima Telekom Q1 2018
25 Apr Comcast Q1 2017
25 Apr Twitter Q1 2018
25 Apr Netgear Q1 2018
25 Apr F5 Networks fiscal Q2
25 Apr AT&T Q1 2018
25 Apr Telefonica Brasil Q1 2018
25 Apr Ooredoo Q1 2018
25 Apr IMS World Forum
::: More Calendar Items