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Hungary needs cash, so it wants to tax internet traffic

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Budapest Parliament

It's probably a good thing that Google got its Street View surveil of Hungary in when it did, because a new tax being proposed could make internet traffic in the country more expensive. A tax bill draft sent to parliament could impose a 150 forints fee (about $0.62) per each gigabyte transferred. Hungarian politicians are defending this move by saying that because of the way telecommunications have changed, so does how they need to be taxed. Estimates for the proposed income? Somewhere in the neighborhood of 20 billion forints, according to Reuters.

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Source: Reuters


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