The economically precarious country has a remarkably low rate of corporate tax, and makes up the difference with high, regressive consumption taxes, including the one of the highest rates of VAT in Europe.
A Facebook group opposing the new Internet tax, to run at 150 forints/GB, has drawn hundreds of thousands of supporters. Under the proposed tax, every byte of Internet use would be metered and taxed. The total tax revenue will exceed the entire turnover of the Hungarian Internet industry. Street protests are planned.
According to 444.hu and Index, the rate would make Hungary the only country in the world where web services such as Skype or YouTube would not be free. 444 also published a list of how much some downloads would cost after the tax takes effect. We publish the original forint prices converted to US dollars:
One hour of browsing, mostly reading articles: 7 cents
An hour of watching videos on YouTube: 8 cents
An hour of listening on Spotify: 9 cents
An hour on Facebook: 14 cents
Listening to a webradio for an hour daily throughout one month: 1 dollar 30 cents
One hour of Skype videochat: 36 cents
Downloading a blu-ray movie via torrent: 19 dollars
Video-streaming all episodes of Friends: 323 dollars
Fidesz proposes unprecedented internet traffic tax in Hungary [Blanka Zöldi/Budapest Beacon]
New internet tax planned; other sectoral taxes to stay in 2015 [Christian Keszthelyi/Budapest Business Journal]
On June 20, the EU's legislative committee will vote on the new Copyright directive, and decide whether it will include the controversial "Article 13" (automated censorship of anything an algorithm identifies as a copyright violation) and "Article 11" (no linking to news stories without paid permission from the site).
The Washington Post rounds up 15 privacy defaults that no one in their right mind would want to leave as-is, and provides direct links to change 'em (hilariously and predictably, Verizon/Oath/Yahoo's privacy settings dashboard times out when you try to load it) -- once you're done with that, go back and follow his links to […]
America's health care is totally screwed up, Part Ten Gazillion: in many cases, the medicines your doctor prescribes are cheaper than the co-pay your health insurance charges, which means that if you just buy the meds instead of charging them to insurance, you save money.
The human eye is a powerful thing, but it’s not so great at seeing in the dark or around tight spaces, which is partially why most of us struggle with unplugging drains, cleaning under the fridge, and other hard-to-reach jobs. This 1080p HD Waterproof WiFi Wireless Endoscopic Camera, however, gives you the flexibility necessary to get […]
Macs are undeniably some of the most versatile computers on the market, but they can do so much more than what their stock apps allow. For those looking to get the most out of their Mac hardware, the Pay What You Want 2018 Super Mac Bundle features 10 of the industry’s top apps, including photo editors and […]
Salesforce has reinvented the way companies manage customer information, close deals, and ultimately drive revenue, so it should come as no surprise that it’s one of the more valuable skills you can list on your resume today. In fact, according to research from Burning Glass, this platform is now the 7th most in-demand software skill, beating out […]