Deloitte.com

Subscribe | Archives

In this issue:

Helpful Resources:

Visit Deloitte.com

Deloitte International Tax Source

Global Tax Alerts

Join Dbriefs

Have a question?

If you have needs specifically related to this newsletter's content, send us an email to have a Deloitte Tax professional contact you.

International Tax

World Tax Advisor
                                                                                                                                 28 June 2013

Printer Friendly
Hungary:
Proposed tax increases announced

Hungary’s Ministry of the National Economy submitted a draft bill to parliament on 17 June 2013 that includes tax rate changes to ensure that the budget deficit target is achieved. Specifically, the bill proposes an increase in the rates of the financial transaction tax and the telecoms tax as from 1 August 2013, and would extend the 6% health care contribution imposed on individuals to apply to interest income.

According to the proposal, the current 0.2% financial transaction tax rate would be increased to 0.3%. The rate on cash payments from a current account and on cash payments through a cash equivalent payment method would be doubled to 0.6%, and the current cap of HUF 6,000 per transaction would be abolished.

The telecoms tax rate would be increased to HUF 3 per minute for calls/text messages and the overall monthly cap per phone number would be increased from HUF 2,500 to HUF 5,000 for non-individual subscribers.

Gábor Kóka (Budapest)
Partner
Deloitte Hungary

 

Back to Top


Did someone forward you this message? Skip the grapevine. Receive this newsletter email by clicking on the Subscribe button to the left to hear it first.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the regions of 200,000 professionals worldwide all committed to becoming the standard of excellence.

This publication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this document, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this publication.

 

Deloitte.com | Unsubscribe | Manage email preferences | RSS Deloitte RSS feeds
30 Rockefeller Plaza
New York, NY 10112-0015
United States

Deloitte LLP

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

© 2013 Deloitte Global Services Limited. All rights reserved.

Linkedin  Facebook  Youtube  Twitter  Deloitte RSS feeds
Legal | Privacy | Cookies
Deloitte.com