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Hungary Implements EU Directives on Dispute Resolution, Cross-Border Arrangement Reporting, and Exit Tax and Hybrid Mismatch Rules

09 August 2019

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Approved Changes

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Hungary

Hungary published legislation in the 23 July 2019 edition of the Official Gazette that provides for the implementation Council Directive (EU) 2017/1852 of 10 October 2017. This includes measures to ensure effective resolution of disputes concerning the interpretation and application of bilateral tax treaties and the Union Arbitration Convention, and in particular, disputes leading to double taxation. The measures apply to disputes filed from 1 July 2019 in relation to tax years beginning on or after 1 January 2018 and may apply for earlier disputes if agreed to by the competent authorities. The legislation also provides for the implementation of...