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The Czech Republic Publishes Bulletin on Impact of BEPS MLI on Tax Treaty with Hungary

28 July 2021

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Treaty Development

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Czech Republic-Hungary

The Czech Republic has published Financial Bulletin No. 29/2021 on the impact of the BEPS MLI on the 1993 income and capital tax treaty with Hungary. The notice includes the amendments made by the MLI to the treaty and their effective date. The MLI applies for the 1993 Czech Republic-Hungary tax treaty: with respect to taxes withheld at source from amounts paid or credited to non-residents, where the event giving rise to such taxes occurs on or after 1 January 2022; and with respect to all other taxes, for taxes levied in respect of tax periods beginning on or after...