Hungary agrees to global tax deal, finance minister says

  • 10/8/2021
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BUDAPEST, Oct 8 (Reuters) - Hungary has agreed to join the agreement on a global corporate minimum tax as the conditions it proposed, which included a 10-year transitional period, have been met, Finance Minister Mihaly Varga told reporters on Friday. "We have managed to reach a breakthrough on the global minimum tax deal ... so Hungary could join the deal with a good heart," Varga said, adding that Hungary"s 9% corporate tax rate will not change, as there will be a targeted solution to collect the global tax. Reporting by Krisztina Than; Editing by Alison Williams

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