The plan would involve a so-called enhanced-cooperation deal to circumvent Budapest’s veto.
The European Commission is asking member
governments
whether they’d support a plan to cut Hungary out of the EU’s bid to
introduce a global minimum corporate tax rate of 15 percent.
Four officials from EU national finance ministries told POLITICO the
Commission officials have been putting calls into capitals to gauge
their appetite for a so-called enhanced-cooperation deal that would nullify Budapest’s veto of the initiative.
Tax bills require unanimity to get through Brussels’ legislative
machinery, giving any EU country of any size the power to block them.
But enhanced cooperation would allow member countries that favor the
measure to progress without having to reach unanimity — leaving Budapest
out in the cold.
POLITICO
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