Hungary published Law LXXXIII of 2023 on the amendment of individual tax laws and Law LXXXIV of 2023 on additional taxes ensuring the global minimum tax level and related amendments to certain tax laws in Gazette No. 171 of 30 November 2023. Law LXXXIII of 2023 provides for the implementation of various tax measures. As previously reported, one of the main measures is the introduction of a defensive measure to avoid double non-taxation, which provides that interest and royalty payments to non-cooperative or low/no tax jurisdictions will be non-deductible for tax purposes, unless a payment is made based on real...