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

Reuters| Budapest | Hungary

Updated: 02-12-2022 12:46 IST | Created: 02-12-2022 12:38 IST

Image Credit: ANI

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."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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