State Secretary Tamás Menczer said Hungary rejects plans to introduce a global minimum tax as it would jeopardize jobs. The introduction of the tax that the European Union favors would undermine the government’s tax-cutting policy, Menczer said. He added such a measure would involve raising the corporate tax from 9 to 15 percent, weighing on producers “rather than on global tech companies that generally don’t like paying taxes”.
Photo credit: Facebook/Menczer Tamás