State aid: Commission opens in-depth investigation into Hungarian advertisement tax

Author (Corporate)
Series Title
Series Details IP/15/4598 (12.03.15)
Publication Date 12/03/2015
Content Type

The European Commission opened on 12 March 2015 an in-depth investigation into whether Hungary's advertisement tax introduced in June 2014 complies with EU state aid rules.

The Commission considered that the progressive tax rates, ranging from 0 to 50%, could selectively favour certain companies and give them an unfair competitive advantage.

The Commission therefore also took a separate decision prohibiting Hungary from applying progressive rates until the Commission has finished its assessment (a so-called 'suspension injunction').

Source Link http://europa.eu/rapid/press-release_IP-15-4598_en.htm
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