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Hungary - Government throttles media with new tax on advertising

Reporters without borders
Hungary's parliament passed a law yesterday that will tax the news media's advertising income, with taxation levels increasing according to the volume of earnings and with a ceiling of 40 per cent for earnings of more than 65 million euros. The measure is likely to increase the problems of Hungary's already embattled media sector and seems designed to hit RTL Klub, an entertainment channel owned by the German media group RTL, particularly hard. Currently the channel with the most viewers, it (...)

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