Reuters: Financial Services and Real Estate: Hungary energy sector tax to include "Robin hood" tax

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Hungary energy sector tax to include "Robin hood" tax May 9th 2012, 14:28 BUDAPEST | Wed May 9, 2012 10:28am EDT BUDAPEST May 9 (Reuters) - Hungary's planned 30 percent tax rate on energy and utility companies will include the normal 19 percent corporate tax and a 11 percent "Robin Hood" tax levied on the sector's companies, an Economy Ministry official said on Wednesday. "19 percent is the corporate tax rate and 11 percent is the Robin Hood tax, which makes up the 30 percent," Deputy State Secretary Adam Balog told reporters. The Robin Hood tax was launched years ago, but its rate has been increased now, from 8 percent.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions