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
The new era of electromobility: why do Hungarian automotive players need to act now?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Tesco’s turnover increased in the first half of the financial year, sales in the Central European business also improved
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hungarian companies are focusing on stability and preparing for growth
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
GfK study: This is how European commercial purchasing power has changed in 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Analyst commentary: when is an interest rate cut expected?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >These are the biggest misconceptions about protein consumption
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >