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Hungarian Parliament Approves Pending Protocols to Tax Treaties with Serbia and Switzerland

07 November 2024

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Treaty Development

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Hungary-Serbia-Switzerland

On 4 November 2024, the Hungarian Parliament (National Assembly) approved the ratification of the pending protocols to Hungary's tax treaties with Serbia and Switzerland. The amending protocol to the 2001 income and capital tax treaty between Hungary and Serbia was signed on 8 October 2024 and is the first to amend the treaty. It will enter into force 30 days after the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. The amending protocol to the 2012 income and capital tax treaty between Hungary and Switzerland was signed on 12 July...