The global minimum tax



From 2024, global minimum tax rules in line with the principles and framework developed by the OECD will also be introduced in Hungary.

As the global minimum tax will apply to all groups of companies with a group-wide turnover exceeding €750 million, preliminary estimates suggest that thousands of Hungarian companies and subsidiaries will be affected and will face a higher administrative and tax burden from next year.

In our experience, thorough preparation for the introduction of a global minimum tax requires a full staff due to the complexity of the rules, and the legal consequences and potential fines can be very serious.

We are committed, as we have been for the last 30 years, to providing our clients with personalised assistance in the most efficient, understandable and transparent way by the following articles and also by direct tax consulting services.

• Introduction - a personalised, online consultation with our experts

• Online calculator - calculation of the effective tax rate (ETR)

• Handling the certain special "extra" taxes in the global minimum tax system