Hungary okays double taxation avoidance with Turkmenistan

History

wiki: AHeneen

The Hungarian Parliament yesterday voted in favor of legislation that puts an end to double taxation between Hungary and Turkmenistan, Hungary’s Ministry for National Economy announced, according to reports.

Ashgabat, Turkmenistan (Photo: Wikimedia Commons/AHeneen)

Having been approved in Turkmenistan before the Hungarian decision was made yesterday, the agreement between the two countries will take effect as early as this year, and would become applicable as of January 1, 2017, Hungarian news agency MTI reported.

The two countries have been negotiating the agreement since 2015.

More Companies Take Action Against Corruption Analysis

More Companies Take Action Against Corruption

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

2 Major Ground Handlers at Budapest Airport Join Forces Transport

2 Major Ground Handlers at Budapest Airport Join Forces

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.