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Hungarian Government Against Barriers to Fair Tax Competition

2020. december 02.

Daily News Hungary

Hungary rejects any kind of international tax regime that would hinder fair tax competition, Finance Minister Mihály Varga said after a conference call with his European Union counterparts on Tuesday. Under a proposal for a global minimum tax rate, if the amount of tax paid by a multinational group in a given country falls below the proposed rate, the difference would be collected by the country where the company is headquartered, the Finance Ministry quoted Varga as saying.

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Photo: MTI