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Hungary Will Not Agree to Global Minimum Corporate Tax Rate

|Proposed Changes|Hungary
Hungary

Hungary's Deputy Finance Minister, András Tállai, has reportedly stated that the country will not agree to the introduction of a global minimum corporate tax rate. The position of Hungary, which has a 9% corporate tax rate, generally follows the position of other lower-tax countries such as Ireland in response to the U.S. proposal for a global minimum corporate tax rate of at least 15%. Accordi…

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