Hungary remains opposed to a global minimum corporate tax rate, Prime Minister Viktor Orban told public radio on Friday, citing concern over jobs in the central European country, which has used its low-tax regime to attract investment.
The minimum tax is the second of a two-pillar deal reached last year among nearly 140 countries to rewrite the rules of cross-border taxation to take better account of how big internet companies can book profits in low-tax countries.
Hungary has used its 9% corporate tax rate and generous government subsidies to…