In-depth investigation - Hungarian advertisement tax pr | KPMG Hungary

An in-depth investigation has been launched into Hungarian advertisement tax procedures

In-depth investigation - Hungarian advertisement tax pr

In our current newsletter we inform our clients about the in-depth investigation which has been launched into Hungarian advertisement tax procedures.

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The preliminary investigation into Hungarian advertisement tax has not provided satisfactory answers to the European Commission about the compatibility of the tax with EU norms; therefore, the investigation is now an official procedure allowing the involvement of interested third parties. At the same time, Brussels has taken a separate decision prohibiting the application of the progressive tax rates until the final decision of the in-depth investigation (a so called ‘suspension injunction’ procedure). 

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