Laszlo Soos

City,🇭🇺Hungary

Tax Partner of Horizon Solutions in Hungary. Before Horizon, László worked in various leading and professional positions at international consulting companies, like Deloitte, KPMG and Grant Thornton, where he was the country leader in tax. During the 16 years László spent in the tax consulting industry, he worked for leading international and Hungarian companies and he also gained work experience in London after graduated at the university as an economist.

[Hungary - US Tax treaty cancelled, what are the 5 most important consequences?

The Hungary-US tax treaty is officially cancelled from January 1, 2024, ending hopes for reinstatement or a new agreement. The Hungarian Tax Authority has now confirmed this, signaling a definitive end to provisions that prevented double taxation for residents of both countries. This termination carries significant implications, especially for Hungarian tax residents with US income who previously benefited from avoiding high withholding taxes. Discover the important consequences and how to prepare for life without the double taxation treaty.](/content/laszlo-soos/hungary-us-tax-treaty-cancelled-what-are-the-5-most-important-consequences/index.html)

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