The U.S. Department of the Treasury issued a release on 15 July 2022 confirming the termination of the 1979 income tax treaty with Hungary, which will generally cease to have effect from 1 January 2024. --- United States’ Notification of Termination of 1979 Tax Convention with Hungary WASHINGTON — The U.S. Department of the Treasury today announced that on July 8, 2022, the United States notified Hungary of its termination of the Convention between the Government of the United States of America and the Government of the Hungarian People’s Republic for the Avoidance of Double Taxation and the Prevention of...