The Hungarian Government has announced that it is open to drafting a new tax treaty with the United States. Hungary was notified of the termination of the 1979 tax treaty between the two counties on 8 July 2022, which will be effective from 1 January 2024. The two side had signed a new tax treaty in 2010, but it was not ratified. --- Finance Minister: Hungary open to drafting new double taxation avoidance treaty with US OCT 4, 2023 The finance minister said bilateral trade between the two countries has reached an annual 8.3 billion dollars. Finance Minister Mihály Varga...