The states would reduce the corporate income tax worldwide
The corporate income tax rate has declined by nearly a third in recent decades globally, according to the latest international analysis by the Tax Foundation covering 208 countries.
On average, in Europe, this tax is the lowest, while in Hungary it provides one of the most favorable investment environments in the region with its 9 percent ratio.
For nearly 40 years, the weighted average corporate tax rate has been steadily declining. According to the Tax Foundation’s analysis, it dropped from 38.8 percent in 1980 to 26.5 percent by 2018
Related news
EY: Activity increased, yet the value of the Hungarian M&A market decreased significantly
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >AI is also transforming taxation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >EY: EU state aid regulation facing significant change
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Oat-based “feta” wins the cheese innovation competition of Lidl Germany and ProVeg
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Agrometeorology: Autumn sowings can develop optimally, but frost threatens fruit trees
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KPMG: Easter boom: the season is exploding for families, retail and the chocolate industry
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

