EU fails to agree corporate tax reform as Hungary vetoes overhaul

Hungary vetoes EU adoption of global corporate minimum tax pushed by Biden

Hungary has thrown cold water on the European Union’s plan to adopt a 15% corporate minimum tax, dealing a blow to EU leadership and the Biden administration.

Hungary blocks agreement for minimum corporate tax of 15% in the EU

He has opposed it because he believes that the minimum corporate tax for multinationals is part of “a bigger package and requires work before we move on to practical issues”

EU fails to agree corporate tax reform as Hungary vetoes overhaul

Adoption of 15% minimum rate thrown into doubt again

Hungary blocks EU deal on 15% minimum corporate tax

Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk. #EuropeNews

Hungary’s tax veto leaves EU adrift and Bruno Le Maire burned

A tax deal was a top priority for the French Presidency.

Global Minimum Tax Suffers Fresh Setback as EU Fails to Agree on Implementation

Hungary vetoed a European Union agreement to implement the minimum tax rate on company profits, which is also stalled in the U.S.