Hungary became the only member state in the EU to tax international digital corporations

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(Daily News Hungary)

Hungary has become the only member state in the European Union to tax international digital corporations, after the Court of Justice of the European Union and the Kúria, Hungary’s supreme court, both ruled in favour of the relevant law, a government official said on Monday.

Norbert Izer, the state secretary for tax affairs, told Wednesday’s Magyar Nemzet that Hungary passed a law in 2014 making online advertisements subject to taxation if they are in Hungarian or placed on Hungarian sites. Under the law, the tax must be paid by the person or organisation managing the ad space, Izer said.

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