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
A new era in the global economy? – New challenges for our country
May 2025 brought an acceleration of change in the global…
Read more >Hungarian companies are already being attacked using AI
According to research by EY, AI has become one of…
Read more >EY: Energy procurement has become a key issue – fluctuating prices are affecting the competitiveness of more and more companies
The majority of companies are concerned about securing the energy…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >