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global minimum tax

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US. Treasury to End 1979 Tax Treaty with Hungary

D&T
Jul 9, 2022

The U.S. Treasury on Friday said it was moving to terminate a 1979 tax treaty with Hungary in the wake of Budapest's decision to block the European Union's implementation of a new, 15% global minimum tax, the Reuters news agency reported. A Treasury spokesperson waas quoted as saying that since Hungary lowered its corporate tax […]

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