EU Finance Ministers are unable to adopt Pillar Two Directive as Hungary changes position
Executive summary
On 17 June 2022, the Council of the European Union (the Council) held an Economic and Financial Affairs Council (ECOFIN) meeting where Finance Ministers publicly discussed the proposal for a Directive on ensuring a global minimum level of taxation for multinational groups in the European Union (EU) (the Pillar Two Directive).1 The discussion took place following th…
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