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US terminates double tax-treaty with Hungary

20/07/2022

On 8 July 2022, the U.S. Treasury Department announced the termination of the double-tax treaty with Hungary. The treaty, which scores of US investors called very beneficial, was concluded in 1979 and the termination will take effect from January 2024. The announcement...

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Authors

Portrait ofJudit Kresz
Judit Kresz
Senior Associate
Budapest