By Marton Dunai BUDAPEST (Reuters) - Hungary plans to impose a new tax on Internet data transfers, a draft 2015 tax bill submitted to parliament late on Tuesday showed, in a move that could hit Internet and telecoms providers and their customers hard. The draft tax code contains a provision for Internet providers to pay a tax of 150 forints (60 US cents) per […]
BUDAPEST (Reuters) - Hungary's ruling Fidesz party on Wednesday proposed setting a cap on a planned Internet tax that led to an outcry from the Internet and telecommunications sectors, which could face bills for hundreds of billions of forints under the original plan. "We think it is practical to introduce an upper limit in the same fashion and of […]
By Julie Gordon VICTORIA B.C. (Reuters) - British Columbia unveiled its long-awaited liquefied natural gas tax legislation on Tuesday, setting out a preliminary top rate of 3.5 percent, which the Canadian province said adds up to the most competitive total tax regime of any Western jurisdiction. The new tax, which applies to income from the liquefaction of n […]
U.S. stocks are closing slightly lower, giving up an early gain. Tax preparer H&R Block slumped 6 percent after the company said that its attempt to sell a banking unit was getting bogged down. Hewlett-Packard ...