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Biden's Ambition of Global Corporate Tax May End 'Tax Haven' in Hungary

Márton Jász 2021.04.26.
Over many decades, global companies have perfected the art of tax evasion to the fullest extent possible. It seems that now, global leaders from different countries have had enough of companies playing by their own rules, so under the leadership of Joe Biden, they want to end the heyday of tax havens. EU Commissioner for the Internal Market, Thierry Breton, welcomed the U.S. concept of setting a minimum tax for multinational companies, regardless of the country to which their profits are tied. However, the new economic policy would affect Hungary, where the current level of corporate tax is only 9 percent. Analysis. ....

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Hungary's Green Bond Wins CBI Award - Hungary Today

Hungary's Green Bond Wins CBI Award - Hungary Today
hungarytoday.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hungarytoday.hu Daily Mail and Mail on Sunday newspapers.

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Govt Grants Support Health-Care Supply Production Capacity

Govt Grants Support Health-Care Supply Production Capacity
hungarytoday.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hungarytoday.hu Daily Mail and Mail on Sunday newspapers.

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State Sec Dismisses Reporters Without Borders' Criticism of Hungary's Media Freedom

Reporters Without Borders has updated its World Press Freedom Index, ranking Hungary three places lower than last year, and describing the state of Hungary’s media freedom as the EU’s “alternative, repressive model.” Government official Zoltán Kovács reacted to the ranking on Twitter, describing the NGO as a “Soros-funded group” that makes “false, idiotic claims.”
The international non-governmental organization, known for highlighting levels of media freedom and criticizing censorship, recently shared its 2021 World Press Freedom Index.
Dunja Mijatovic, human rights commissioner of the Council of Europe, said in a memorandum on Tuesday that it was “high time for Hungary to restore journalistic and media freedoms”. In reaction, representatives of the Hungarian Prime Minister’s Office, the justice ministry, and media authority NMHH called the memorandum “biased,” based on “assumption rather than facts.” […]Continue reading ....

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Fin Min Varga: V4 Countries Agree on How to Reboot Economy

Fin Min Varga: V4 Countries Agree on How to Reboot Economy
The Visegrad Group countries aim to reclaim their place as Europe’s engines of growth once the coronavirus pandemic is over, Finance Minister Mihály Varga said after a video call with his V4 counterparts on Thursday.
The V4 countries are all on the same page when it comes to the question of how to reboot the economy, return to fiscal discipline and protect jobs, the finance ministry quoted Varga as saying in the call.
Concerning the European Union’s 750 billion euro Recovery and Resilience Facility (RRF), Varga said he and his V4 counterparts agreed that their countries all faced the same challenges when it came to planning their recoveries and their talks with the European Commission. All four countries are concentrating their recovery efforts on areas such as education, health care, the transition to a green economy, digitalisation, transport and job creation, he said. ....

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