DK calls for EU tax on multinationals

The opposition Democratic Coalition (DK) is calling for the European Union to introduce a tax on multinational companies, Klára Dobrev, who heads the party list for the European Parliament election, said on Wednesday.

Dobrev was commenting on an EP report approved on Tuesday which showed that seven European Union countries, including Hungary, were operating as tax heavens, enabling aggressive tax planning by corporations. Read more details HERE.

Multinationals make use of the environment the government has developed and they pay an insignificant amount of tax, Dobrev said. Instead of serving the interests of Hungarians and the country, the government is aiding multinationals in a completely unprincipled manner, she added.

This is why a United States of Europe is needed, so that EU countries can act together on this issue, Dobrev said.

In response to a question, she said when any country introduces very low corporate tax, it harms EU taxpayers. Minimising tax often means avoiding tax, she added.

Fidesz reaction

In a statement, ruling Fidesz said that Dobrev “is again campaigning for Brussels” and insisted that if it were up to DK or the EU Hungarian families and businesses would suffer rather than multinationals “for sure”.

Fidesz also suggested that

DK “seeks to give up the right to decide on migration policy” and “Brussels bureaucrats” could determine “how many thousands of migrants to resettle in Hungary”.

Source: MTI