Global Minimum Tax
Surprisingly, Hungary did not support the adoption of the EU Directive at the ECOFIN meeting on 17 June, thus the level of uncertainty remains high around the introduction of the global minimum tax scheme.
The situation became more complicated as the United States has terminated its double taxation treaty with Hungary as an answer to Hungary’s veto, In this newsletter, we summarise the information available so far on the global minimum tax and its expected rules.
To read the whole newsletter below.
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