On 20 December 2016, Hungary published in the Official Gazette the law ratifying the pending income tax treaty with Oman. The treaty, signed 2 November 2016, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Hungarian personal income tax and corporate tax. It covers Omani income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise furnishes services in a Contracting State through em…