| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/3606 (04.11.16) |
| Publication Date | 04/11/2016 |
| Content Type | News |
|
The European Commission concluded on 4 November 2016 that Hungary's 2014 Advertisement Tax Act was in breach of EU State aid rules because its progressive tax rates granted a selective advantage to certain companies. It also unduly favoured companies not making a profit in 2013, by allowing them to pay less tax. The in-depth investigation had been opened in March 2015. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-3606_en.htm |
| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe, Hungary |
