Hungary is bringing in the EU’s lowest corporate tax rate

The web portal of the Hungarian Chamber of Commerce and Industry quotes an article of the thejournal.ie  (Ireland): “The Hungarian government will undercut Ireland’s much-publicised corporate tax rate, introducing the lowest levies on profits for businesses anywhere in the EU”

The thejournal.ie wrote:

“THE HUNGARIAN GOVERNMENT will undercut Ireland’s much-publicised corporate tax rate, introducing the lowest levies on profits for businesses anywhere in the EU.

A statement on the Hungarian government’s website today, from prime minister Viktor Orbán, said the country’s tax rate would move to the “single digits” next year with a charge of 9% for companies of all sizes.”

Read the details here…

Source: MKIK.HU