Hungary PM sticks to "solidarity" tax

Newswire

BUDAPEST, Oct 26 (Reuters) - Hungary's new four percent "solidarity" tax will remain in place and no company can be exempt from it, including German car maker Audi , Prime Minister Ferenc Gyurcsany said on Thursday. However, he added that the government would continue negotiations with Audi which said it would suspend a major investment in Hungary in protest against the government's tax hikes. "The solidarity tax remains in place... and there are no exemptions," he told foreign journalists.

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