Hungary Looking to Maintain Low Taxation Despite Implementation of Pillar 2 Global Minimum Tax
Hungary's Ministry of Finance has issued a release announcing that consultations have been initiated with large Hungarian companies on the implementation of the Pillar 2 global minimum tax (GMT) in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). According to the release, the government's goal is to shape the GMT regulation in such a way that the compet…
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