Hungary issued two releases from Finance Minister Péter Szijjártó on 11 July confirming the termination of the 1979 income tax treaty with the United States. According to the Finance Minister, the government was officially informed of the termination of the agreement on Friday, 8 July 2022. As per the terms of the treaty, the termination will be effective from 1 January next following the expiration of a 6-month period following the notice of termination. Considering that Hungary was notified…