The final Hungarian legislation on BEPS 2.0 Pillar Two was published in the Official Gazette on 30 November 2023. The legislation is considered as final and enacted now. Several changes and fine-tuning were made to the original proposal introduced in October, but the final legislation is in line with OECD Model Rules, Commentary and Administrative Guidance already issued.Hungary will keep its 9% statutory corporate income tax rate in place while introducing a Qualified Domestic Minimum Top-up Tax (2024), Income Inclusion Rule (2024) and Undertaxed Profits Rule (2025).The legislation also includes a new research and development (R&D) qualifying incentive regime.Executive summaryPresident...