OECD acknowledges qualified status of Hungarian rules on global minimum tax

OECD global minimum tax Hungary
Source: FB/OECD

The Organisation for Economic Co-operation and Development (OECD) has acknowledged the qualified status of Hungarian rules on the global minimum tax, the National Economy Ministry said in a statement on Saturday.

On January 15, the OECD issued a record of jurisdictions whose minimum tax legislation has completed the agreed process and secured transitional qualified status. Hungary was included on both the list for qualified income inclusion rules and qualified domestic minimum top-up tax rules, the ministry said.

Hungarian legislation on the 15pc minimum global tax has been in force since December 31, 2023. Hungary’s tax system remains among the most competitive in Europe, the ministry said.

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