Cabinet to review ad tax, spokesperson says
Hungary's government believes that all economic players must have their fair share of public burdens and will review the tax on advertising accordingly, government spokesperson Éva Kurucz said in a statement issued yesterday.
The government introduced the tax in the summer. The first payments brought in HUF 1.3 bln in August. The government plans to go on with utilities price cuts, Kurucz said, noting that distant heating prices will be reduced by another 3.3% from October and the cabinet will soon decide on plans for establishing more utilities holdings.
The press statement was published after a protest issued by the Hungarian Banking Association against retroactive legislation in the debtors' releif law. Kurucz said the government would go on with the legislation even if the association did not like it.
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