Leyen wrote a كتب on TwitterThis decision is a major step towards a fair and equal playing field.
I welcome this positive news from @G7 On the minimum corporate tax.
The Tweet embed Business Tax Communications pushes for modernization and more international cooperation on business taxation.
This agreement is a major step towards justice and equal opportunity. https://t.co/WSIEprhF60
– Ursula von der Leyen (@vonderleyen) June 5, 2021
Under the agreement, which Britain’s host finance minister, Rishi Sunak, described as historic, the finance ministers of the United States, the United Kingdom, Canada, Japan, Germany, France and Italy agreed to support a principle that would put countries at 15 per cent as their minimum corporate tax rate.
This is a serious blow to the Hungarian model, which attracts international investments to the country with tax advantages. In recent years, the Hungarian economy has been able to attract large international companies to the country, in addition to generously distributed government subsidies, by introducing the lowest corporate tax rate in the European Union in 2017. The burden, which was then moderate to 9 percent, made the Hungary is almost a tax haven, for example, compared to the United States, where the burden on corporate profits is 21 percent.