Tax Newsletter 2015/8 - Advertising tax

The draft bill amending the Act on Advertising Tax has been published on the website of the Ministry for National Economy (www.kormany.hu) on 5 May 2015.

The amendment aims to close the investigations commenced by the European Commission around the Hungarian advertising tax scheme and to avoid potential legal disputes in connection with the contested provisions.

Our current newsletter summarizes the main points of the draft bill to which comments might be submitted until 9 May.

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Tax Newsletter 2015/8