Bloomberg Tax
July 22, 2022, 8:45 AM

The Implications of Ending the US-Hungary Tax Treaty (Podcast)

Isabel Gottlieb
Isabel Gottlieb

The July 8 news that the US was canceling a bilateral tax treaty with Hungary that has been in place since 1979 took a lot of people by surprise.

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While Treasury pointed to conditions in the treaty it said were unfavorable to the US, the announcement also came amid Hungary’s continued opposition at the European Union to the 15% minimum tax the Biden administration has championed.

On this week’s Talking Tax, Sean Foley, ...