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Singapore Publishes MLI Impact for Tax Treaty with Hungary

|Treaty Development|Singapore-Hungary
Singapore-Hungary

The Inland Revenue Authority of Singapore (IRAS) has published the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for the 1997 income tax treaty with Hungary. Rather than including the MLI impacts directly within the text of the treaty as some countries have done (so-called synthesized texts), the impacts are prov…

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