43 result(s) for cigarette tax
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
One Gov’t-Approved Supplier To Stock Tobacco Shops From May 2015
- 21 Nov 2014 8:00 AM
- shopping
Two days before the Hungarian Foreign Ministry released a two-page document received from the US Embassy citing specific cases of alleged corruption, including the awarding of national tobacco shop franchises, the Office of the Prime Minister run by Chancellor János Lázár distributed a draft bill on “Tobacco product retailing integration”, writes 444.hu. Ministries were given 48 hours to offer ...
Hungary’s NAV To Crack Down On Illegal Tobacco
- 18 Nov 2014 8:00 AM
- current affairs
The tax authority NAV announced a campaign against the illegal trade in cigarettes in co-operation with JTI Hungary, Philip Morris Magyarország and the Association of Tobacco Industry Investors, at a press conference in Budapest yesterday. The campaign lasts until the end of November.
Hungarian Party Together Calls On Govt To Withdraw New Tobacco Bill
- 17 Nov 2014 8:00 AM
- current affairs
The opposition Together (Együtt) party has called on the government to withdraw its plan to introduce a bill on tobacco trade. Viktor Szigetvári, the party’s co-leader, said the bill, which he dubbed “tobacco law 2”, which seeks to place a middleman between retailers and wholesalers, was “unnecessary”.
BAT: Tobacco Tax Could Raise Cigarette Prices In Hungary
- 14 Nov 2014 3:00 AM
- shopping
A proposed one-off tax on tobacco companies could raise the price of cigarettes by 70-80 forints (EUR 0.25) per pack, daily Népszabadság said on Friday, citing an official from British American Tobacco (BAT). Attila Tóth, who handles BAT’s relations with the government, told the paper that the sector had not generated “extra profit” for years.
Cigarette Black Market Flourishes In Hungary
- 22 Aug 2014 9:00 AM
- shopping
Hungary’s exploding black market in cigarettes is depriving the country of billions in tax receipts and may soon overtake the legal market for cigarettes.
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
One Gov’t-Approved Supplier To Stock Tobacco Shops From May 2015
- 21 Nov 2014 8:00 AM
- shopping
Two days before the Hungarian Foreign Ministry released a two-page document received from the US Embassy citing specific cases of alleged corruption, including the awarding of national tobacco shop franchises, the Office of the Prime Minister run by Chancellor János Lázár distributed a draft bill on “Tobacco product retailing integration”, writes 444.hu. Ministries were given 48 hours to offer ...
Hungary’s NAV To Crack Down On Illegal Tobacco
- 18 Nov 2014 8:00 AM
- current affairs
The tax authority NAV announced a campaign against the illegal trade in cigarettes in co-operation with JTI Hungary, Philip Morris Magyarország and the Association of Tobacco Industry Investors, at a press conference in Budapest yesterday. The campaign lasts until the end of November.
Hungarian Party Together Calls On Govt To Withdraw New Tobacco Bill
- 17 Nov 2014 8:00 AM
- current affairs
The opposition Together (Együtt) party has called on the government to withdraw its plan to introduce a bill on tobacco trade. Viktor Szigetvári, the party’s co-leader, said the bill, which he dubbed “tobacco law 2”, which seeks to place a middleman between retailers and wholesalers, was “unnecessary”.
BAT: Tobacco Tax Could Raise Cigarette Prices In Hungary
- 14 Nov 2014 3:00 AM
- shopping
A proposed one-off tax on tobacco companies could raise the price of cigarettes by 70-80 forints (EUR 0.25) per pack, daily Népszabadság said on Friday, citing an official from British American Tobacco (BAT). Attila Tóth, who handles BAT’s relations with the government, told the paper that the sector had not generated “extra profit” for years.
Cigarette Black Market Flourishes In Hungary
- 22 Aug 2014 9:00 AM
- shopping
Hungary’s exploding black market in cigarettes is depriving the country of billions in tax receipts and may soon overtake the legal market for cigarettes.