Fidesz: Tying recovery funds to global minimum tax 'unlawful'

It is "incorrect and unlawful" by Brussels to tie the transfer of recovery funds due to Hungary to the approval of the global minimum tax, the head of parliament's economic committee said on Thursday. Erik Banki said that the Brussels elite were still making every effort to force member states to introduce the global minimum tax. The approval of the global minimum tax would double the tax burden on Hungarian companies, he said. "This would be unacceptable even in peacetime but outrageous at a time of war," he said.