{"id":8051,"date":"2024-03-12T11:11:29","date_gmt":"2024-03-12T10:11:29","guid":{"rendered":"https:\/\/www.usaaccelerator.com\/?p=8051"},"modified":"2024-09-04T13:38:29","modified_gmt":"2024-09-04T11:38:29","slug":"termination-consequences-of-the-international-double-taxation-avoidance-treaty","status":"publish","type":"post","link":"https:\/\/www.usaaccelerator.com\/en\/termination-consequences-of-the-international-double-taxation-avoidance-treaty\/","title":{"rendered":"Termination Consequences of the International Double Taxation Avoidance Treaty"},"content":{"rendered":"<p>Recently, <a href=\"https:\/\/kossuthfoundation.org\/\">Kossuth Foundation <\/a>&nbsp;organized an informative event discussing the repercussions of the expiration of the international treaty on double taxation avoidance. Two distinguished experts, Dr. Zolt\u00e1n Kiss (Ministry of Finance) and Dr. Dalma Kov\u00e1cs (Golenbock Eiseman Assor Bell &amp; Peskoe LLP), provided detailed insights into the impacts on the Hungarian and American tax systems, respectively.<\/p>\n<p>According to the report, Dr. Zolt\u00e1n Kiss, head of a department at the Ministry of Finance, outlined the consequences of Hungarian personal income tax at the event. Dr. Dalma Kov\u00e1cs, an attorney at Golenbock Eiseman Assor Bell &amp; Peskoe LLP, summarized the American tax implications for the audience.<\/p>\n<p>Dr. T\u00edmea Bor\u00f3k, also a department head at the Ministry of Finance, virtually participated in the event, presenting changes affecting corporations. It is crucial to note that the responses and information shared during the event are purely informative and should not be considered official tax or legal advice.<\/p>\n<p>The presentation materials used by the speakers are available at the following links:<\/p>\n<ul>\n<li>Dr. Zolt\u00e1n Kiss: <a href=\"https:\/\/kossuthfoundation.org\/wp-content\/uploads\/2024\/03\/kiss-zoltan_usa-egyezmeny_magyar-szja_vegleges.pptx\" target=\"_new\" rel=\"noopener\">USA Treaty Hungarian PIT (PPT)<\/a><\/li>\n<li>Dr. T\u00edmea Bor\u00f3k: <a href=\"https:\/\/kossuthfoundation.org\/wp-content\/uploads\/2024\/03\/20240309_kettos-adoztatas.pptx\" target=\"_new\" rel=\"noopener\">Double Taxation Corporate (PPT)<\/a><\/li>\n<li>Dr. Dalma Kov\u00e1cs: <a href=\"https:\/\/kossuthfoundation.org\/wp-content\/uploads\/2024\/03\/microsoft-final-u-s--consequences-of-the-termination-of-the-u-s--hun-treaty-on-the-avoidance-of-double-taxation-2.pptx\" target=\"_new\" rel=\"noopener\">US Consequences of Termination of US-Hun Treaty on Double Taxation Avoidance (PPT)<\/a><\/li>\n<\/ul>\n<p>The full recording of the event can be viewed on the Kossuth House Facebook page: <a href=\"https:\/\/www.facebook.com\/dchungarians\/\" target=\"_new\" rel=\"noopener\">Kossuth House Facebook<\/a><\/p>\n<p><iframe style=\"border: none; overflow: hidden;\" src=\"https:\/\/www.facebook.com\/plugins\/video.php?height=314&amp;href=https%3A%2F%2Fwww.facebook.com%2Fdchungarians%2Fvideos%2F731798459098871%2F&amp;show_text=false&amp;width=560&amp;t=0\" width=\"560\" height=\"314\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>Participants received answers to their pre-submitted and on-the-spot questions, available in the <a href=\"https:\/\/kossuthfoundation.org\/wp-content\/uploads\/2024\/03\/kossuth-alapitvany-kerdesei_pm-valaszok_0304_kikuldendo.docx\">Pre-event Questions PM Answers (DOC)<\/a> document. For later queries, answers can be obtained at kossuthfoundation.org<\/p>","protected":false},"excerpt":{"rendered":"<p>Recently, the Kossuth Foundation organized an informative event discussing the repercussions of the expiration of the international treaty on double taxation avoidance. Two distinguished experts, Dr. Zolt\u00e1n Kiss (Ministry of Finance) and Dr. Dalma Kov\u00e1cs (Golenbock Eiseman Assor Bell &amp; Peskoe LLP), provided detailed insights into the impacts on the Hungarian and American tax systems, respectively. [\u2026]<\/p>","protected":false},"author":1,"featured_media":8052,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[65,71,96,70],"tags":[],"class_list":["post-8051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-hungary","category-tax","category-united-states"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Termination Consequences of the International Double Taxation Avoidance Treaty - USA Accelerator<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.usaaccelerator.com\/en\/termination-consequences-of-the-international-double-taxation-avoidance-treaty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Termination Consequences of the International Double Taxation Avoidance Treaty - USA Accelerator\" \/>\n<meta property=\"og:description\" content=\"Recently, Kossuth Foundation &nbsp;organized an informative event discussing the repercussions of the expiration of the international treaty on double taxation avoidance. 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