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Hungary Remains Publicly Opposed to Global Minimum Tax Ahead of ECOFIN Vote

|Proposed Changes|Hungary-European Union
Hungary-European Union

As previously reported, the agenda for the 6 December 2022 meeting of the Economic and Financial Affairs Council (ECOFIN) includes a further vote to adopt the proposed directive on ensuring a global minimum level of taxation for multinational groups in the EU (the Pillar 2 global minimum tax). To date, Hungary remains the last holdout opposed to the global minimum tax, despite supporting the directive earlier. Heading into the 6 December meeting, Hungarian Prime Minister Viktor Orbán has sai…

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