A global deal to impose a minimum tax rate on company profits blocked a new route on Friday after Hungary vetoed an EU agreement to implement the measure, which also stalled in the US. Is.
There was a deal to impose a minimum tax of 15% on the profits of large corporations agreed by 137 countries In 2021, paved the way for the most significant change in international tax rules in a century. Governments were expected to implement the changes next year, but growing opposition in Europe and the US means the target is now out of reach.