Country Cancels Internet Tax Law
by Sterling J. Scott, Marketing Communications Coordinator, MHI | @mhi_sterling
Hungary attempted to introduce an Internet tax law, but decided against it after mass protests. The law would have required a fee of roughly $0.60 per gigabyte of data traffic. Hungarian leadership will revise the drafted law and attempt to reintroduce it later. If a country introduces an Internet tax law, it will not only restrict access to information and make it harder to communicate, it will also affect e-commerce and the way businesses use the Internet.
For companies operating and/or selling in Hungary, this is an important story to monitor. All companies should monitor as similar laws being implemented in other countries will have huge impacts on their operations. Regardless of industry or market, all companies should monitor the political and economic environments of countries within their supply chains and and target markets.
There are many supply chain and material handling companies that can provide products and services to support operations worldwide. Visit www.MHI.org to connect with top solution providers to strengthen your supply chain.
