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Finance ministers from Hungary and Estonia rejected updated rules for corporate taxes (Photo: Council of the EU)

EU ministers shoot down updated corporate tax rules

EU ministers failed to agree on a revised new Code of Conduct for tax rules on Tuesday (7 December).

Hungarian and Estonian finance ministers both blocked the revised tax rules.

In a debate last Friday by EU diplomats in the so-called Coreper II group, these two countries put their foot down and refused to accept the new code, EUobserver previously reported.

"Blocking the Code of Conduct may be a way of improving their n...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Finance ministers from Hungary and Estonia rejected updated rules for corporate taxes (Photo: Council of the EU)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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