Hungary mulls tax on phone calls, Internet use

Hungary is considering a new tax on phone calls and Internet usage which could yield up to 50 billion forints ($221.38 million) a year and would help plug budget holes, website Origo.hu reported on Friday, citing economy ministry sources.Hungary, which is seeking a funding deal with the European Union and the International Monetary Fund, needs to prove to the EU that it can keep its deficit below the EU’s ceiling of 3 percent of gross domestic product both this year and next.To read this Reuters report in full, see:
uk.reuters.com/article/2012/04/20/oukin-uk-hungary-budget-tax-idUKBRE83J0KW20120420

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