Bloomberg News

Hungary to Keep Telecommunications Tax Despite EU Call to End It

September 29, 2011

Sept. 29 (Bloomberg) -- Hungary’s government will maintain a special tax levied on telecommunications companies despite a European Commission request to abolish the levy.

There’s “no reason” for the government to end the tax and Hungary is ready to face the dispute in the EU Court of Justice, Peter Szijjarto, spokesman for Prime Minister Viktor Orban, said in an e-mailed statement today.

To contact the editor responsible for this story: Edith Balazs at ebalazs1@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus