The income and capital tax treaty between Hungary and Iran entered into force on 30 December 2016. The treaty, signed 30 November 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Hungarian personal income tax, corporate income tax, land parcel tax, and building tax. It covers Iranian real estate income tax, tax on income from agriculture, tax on salary income, tax on unincorporated individual business income, tax on the profits of legal persons, tax on incidental income, and capital tax. Residence If a company is considered resident in both Contracting States, then it...