Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Hungary to Face EU Court Over Telecommunications Levy, Napi Says

March 22 (Bloomberg) -- 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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.