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Treaty between United States and Hungary – negotiations

16 July 2009

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Treaty Development

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United States-Hungary

The US Treasury Department has announced the conclusion of negotiations for a new tax treaty between the United States and Hungary. Once signed and in force, the new treaty will replace the US-Hungary income tax treaty of 12 February 1979. According to a  press release issued by the US Department of Treasury, the proposed treaty contains a comprehensive limitation on benefits provision