Hungary, one of the last holdouts in global talks to introduce a worldwide minimum corporate tax, said it had managed to win concessions that may open the way for it to back a compromise deal, Finance Minister Mihaly Varga said.
- Concessions include a 10-year transition period until the minimum tax takes effect and also the possibility for companies to partially deduct some costs such as payroll
- NOTE from Oct. 6:
U.S., OECD Say They Are Quietly Optimistic on Global Tax Deal
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