Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/15/4598 (12.03.15) |
Publication Date | 12/03/2015 |
Content Type | News |
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'). |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-4598_en.htm |
Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe, Hungary |