Breaking News

Bank of America's First-Quarter Adjusted EPS 35 Cents vs. Estimate of 27 Cents
Tweet TWEET

Hungary to Keep Telecommunications Tax Despite EU Call to End It

Hungary’s government will maintain a special tax levied on telecommunications companies despite a European Commission request to abolish the levy.

There’s “no reason” for the government to end the tax and Hungary is ready to face the dispute in the EU Court of Justice, Peter Szijjarto, spokesman for Prime Minister Viktor Orban, said in an e-mailed statement today.

To contact the editor responsible for this story: Edith Balazs at ebalazs1@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.