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Tesco and Vodafone Lose EU Court Battle Against Hungarian Sector-Specific Taxes

|Approved Changes|Hungary-European Union
Hungary-European Union

The Court of Justice of the European Union on 3 March 2020 issued its judgments in the cases brought before it by UK retailer Tesco and Dutch headquartered Vodafone against the Hungarian sector-based taxes on retailers and telecom operators.

Following the 2008 financial crisis, Hungary introduced specific taxes on specified economic sectors, including retailers and telecom operators. In both o…

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