Hungary Lowers Corporate Tax Rate to 9 Percent
Hungary has slashed its corporate tax rate to just 9 percent, the lowest in the European Union. The move pushes the country’s rate even lower than that of Ireland’s, which is set at 12.5 percent.
Tag: corporate tax
Countries with the Highest Corporate Tax Rates in the World
According to the Tax Foundation, the average highest corporate income tax rate is 22.9 percent, or 29.8 percent when weighted by GDP. However, some countries have significantly higher corporate tax…