On 31 October 2024, The Serbian government approved the pending protocol to the 2001 income and capital tax treaty between Hungary. The protocol, signed 8 October 2024, is the first to amend the treaty and includes the following:
- Certain terms are clarified, including that the terms "Republic of Hungary" and "Federal Republic of Yugoslavia" referred to in the treaty, in relations between Hungary and the Republic of Serbia, means Hungary and the Republic of Serbia, as the context requires;
- Pa…