Home » » Hungary Plans New Tax on Internet Traffic

Hungary Plans New Tax on Internet Traffic

Written By admin on Thursday, October 23, 2014 | 2:30 PM


According to Reuters, last Tuesday the Hungarian government proposed a new controversial tax in order to fight public deficit. Under this new tax providers would pay 150 forints — the equivalent of about 62 cents — for every gigabyte of information transferred, a cost that could quickly add up.

The public reaction to the tax has been negative, within hours of the tax provision being published over 100,000 people joined a Facebook group protesting the levy, which they fear providers will pass on to them. Thousands said they would rally against the tax, which they said was excessive, outside the Economy Ministry on Sunday.

The details of the provision are still being decided, but customers and businesses are already concerned about the final tab, and who'll be the one to foot it in 2015. Hungarian officials say the provision would bring in about 20 billion forints, or more than $8 million, but that number's in dispute; other estimates peg the total at closer to $720 million, more than all revenue generated by the country's internet service industry, Reuters reports.

source: reuters.com

0 comments:

Post a Comment

Like It | Share It