TITLE

Tax Hikes Threaten Foreign Investment

PUB. DATE
December 2010
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Dec2010, Vol. 17 Issue 12, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of tax hikes, which are mandated by the medium-term budget plans, in the foreign investment of Hungary. It states that the 2011 tax bill of the country demands the enforcement of 16% income tax rate and the introduction of tax breaks for families. It mentions that the implementation of special taxes in corporations within the telecommunications, retail, and energy sectors is expected to harm the country's attractiveness in foreign investment.
ACCESSION #
55156444

 

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