Prime Minister Viktor Orban told Hungarian public radio on December 2 that Budapest continues to be against a global minimum corporate tax rate, arguing it would reduce the number of jobs in Hungary, which has used its low-tax regime to attract investment. Hungary's 9 percent corporate tax rate and government subsidies have brought major investments by German carmakers and Asian battery manufacturers. "This is a job-killing tax hike, which, if implemented with Hungary's approval, would wipe out tens of thousands of jobs," Orban said. To listen to Orban's interview with Radio Kossuth, click here.
