Hungary Taxes Multinational Chains, Banks to Fund Health Worker Bonuses

BUDAPEST, Hungary (AP) — The Hungarian government says it will impose new taxes on multinational retail chains and banks to boost state budget revenues needed to fight the coronavirus pandemic. Retailers will pay about $106 million and banks about $162 million, while a vehicle tax totalling $100 million normally paid by car owners to municipalities will be transferred to the central budget.-- More...