Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Internet tax brings Hungarian protesters into streets

Loek Essers | Oct. 28, 2014
Tens of thousands of people took to the streets in Hungary on Sunday night to protest against a proposed Internet tax that they say would limit freedom of expression and cripple some online companies.

Governments often tax these products and services because they are relatively easy to tax and are seen as luxury goods. However, because these taxes limit growth, the net revenue benefits from taxing them are usually short-lived, the researchers said.

"Given these findings, the guiding principle for nations should be straightforward: eliminate discriminatory taxes and tariffs on ICT goods and services for either consumers or businesses," they said. "A clear way for nations to enable faster economic growth is to spur the use of ICT by businesses and consumers."

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.