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 competitiveness of the Hungarian tax system is maintained despite the GMT, and that Hungarian companies continue to pay one of the lowest levels of taxes in Europe. The Ministry of Finance will submit the detailed rules for the transposition...