VAT news tagged as "Levy"


Hungary 2017 retailer tax

January 30th, 2016

Hungary is considering a new levy on large chains of retailers. The proposal follows a similar Polish proposal to levy a 2% turnover tax on supermarkets. Hungary’s proposal would extend to all sectors of retailers, but only to chains. If approved, the new tax would likely be introduced in 2017.


Sugary drinks taxes

November 30th, 2015

Countries around the world are looking afresh at taxing high sugar content drinks in order to tackle growing levels of obesity and diabetes. Mixed global tax results A 10% sugary drinks tax has already been judged a success in Mexico, which has seen flat and even declines in consumption following the introduction of levies in 2014. …