Hungary to Face EU Court Over Telecommunications Levy, Napi Says

The European Union will refer Hungary to the European Court of Justice after the government refused to abolish a special tax on telecommunications companies which the EU says breaches its rules, Napi Gazdasag reported, without saying how it obtained the information.

The government said earlier that it was ready to go to court over the tax, which brings in revenue equivalent to 0.2 percent of gross domestic product, according to the Budapest- based newspaper.

The EU will also take Spain and France to court over telecommunications taxes, Napi said.

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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