Hungary blocked the minimum corporate tax directive, while Poland lifted its veto. France has 15 days to conclude…
I subscribe for 1€ the 1st month
When Poland lifts its veto, Hungary takes over! A bad surprise for the French presidency of the Union. Viktor Orban instructed his Minister of the Economy, Mihaly Varga, to oppose the adoption of the minimum corporate tax (15%), the result of an international agreement within the OECD which should put an end to tax dumping. A nightmare for Bruno Le Maire, the Minister of the Economy, who has been leading this difficult negotiation since 2017 and who has seen all the colors.
“This in no way undermines the French determination to obtain an agreement under the French presidency […], he reacted. That's part of the charm of this negotiation. There are advances, there are setbacks. There are no longer any technical difficulties, everyone knows that very well