Brief: Hungary repeals utility tax that cost Magyar Telekom HUF 7.7 bln in 2023

Magyar Telekom Telecommunications Public

21/11/2023 16:34

Nov 21 (Reuters) - Magyar Telekom Tavkozlesi Nyrt
 MTEL.BU :
    * PARLIAMENT OF HUNGARY ADOPTED AN ACT REPEALING THE UTILITY
TAX
ON COMMUNICATIONS CABLES, EFFECTIVE FROM JAN 1, 2024
    * UNDER THE ACT ADOPTED BY PARLIAMENT, UTILITY TAX WILL NOT
BE
LEVIED ON MAGYAR TELEKOM FROM JAN 1, 2024
    * BOOKED HUF 7.7 BILLION UTILITY TAX FOR THE FULL YEAR 2023

Further company coverage:  MTEL.BU 

 (Reporting by Gergely Szakacs)
 ((gergely.szakacs@reuters.com ; https://twitter.com/szakacsg ;
+36 1 882 3606 ;
https://www.reuters.com/journalists/gergely-szakacs))