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Tax Treaty between Hungary and Oman has Entered into Force

08 December 2017

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Treaty Development

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Hungary-Oman

The income tax treaty between Hungary and Oman reportedly entered into force on 18 March 2017. The treaty, signed 2 November 2016, is the first of its kind between the two countries. Taxes Covered The treaty covers Hungarian personal income tax and corporate tax. It covers Omani income tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise furnishes services in a Contracting State through employees or other engaged personnel for the same or connected projects for a period or periods aggregating more than 6 months in any 12-month period. Withholding...