Hungarian Prime Minister Seeking New Tax Treaty with U.S.

According to a recent release from the Hungarian government, Prime Minister Viktor Orbán is seeking a new income tax treaty with the United States. The previous tax treaty between the countries was terminated by the United States with effect from 1 January 2024.

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PM Orbán is seeking 'a great agreement' between Hungary and the US

The prime minister said Hungary and the US will need to sign an agreement to prevent double taxation, as the incumbent administration "has failed to renew th…