Significant Hungarian progress in the field of global minimum tax regulation
Hungary has also been granted the temporary QDMTT Safe Harbour status. The domestic additional taxes of the countries on the list published by the Organisation for Economic Co-operation and Development (OECD) comply with the rules of the global minimum tax based on a preliminary analysis, therefore multinational corporate groups operating in Hungary are exempt from the obligation to pay the global minimum tax abroad in relation to their group members operating in Hungary.
On 15 January 2025, the OECD published the list of countries whose domestic additional taxes comply with the rules of the global minimum tax based on a preliminary analysis. The countries concerned have been granted the temporary QDMTT Safe Harbour (Qualified Domestic Minimum Top-up Tax) status, which provides a significant advantage in fulfilling global minimum tax obligations. Hungary has also been included among these recognized countries, which is an important milestone for multinational corporate groups in Hungary.
The QDMTT Safe Harbor status essentially means that foreign countries cannot impose additional global minimum tax obligations on group members operating in countries with such a qualification (for example, Hungary); additional tax obligations may only arise in their own country for the group members concerned.
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