Hungary still opposed to "job killing" global minimum tax, Orban says

Hungary still opposed to "job killing" global minimum tax, Orban says
Hungarian Prime Minister Viktor Orban (file photo) Image Credit: ANI
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  • Hungary

Hungary remains opposed to a global minimum corporate tax rate, Prime Minister Viktor Orban told public radio on Friday, citing concerns over jobs in the central European country, which has used its low-tax regime to attract billions worth of investment.

"This is a job killing tax hike, which, if implemented with Hungary's approval, would wipe out tens of thousands of jobs," Orban said. "The tax issue is not a global one, it falls under national jurisdiction."

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