The Swiss Federal Council announced the adoption of the proposal to approve the protocol to amend the 2012 income and capital tax treaty with Hungary on 22 November 2024. It implements the OECD's minimum standards from the base erosion and profit

The President of Hungary has enacted Law No. XLV of 2024, ratifying the amending protocol to the Hungary-Serbia Income and Capital Tax Treaty (2001). The law was published in Official Gazette Magyar Közlöny No. 113 on 13 November

The US Congressional Research Services (CRS) has published a new "In Focus" report, “How the "Tax Cuts and Jobs Act" (TCJA, P.L. 115-97) Changed Cost Recovery and the Tax Credit for Research” on 13 November 2024. Tax benefits for investments

The US Department of the Treasury and the IRS, in a press release on 19 November 2024, issued final regulations that will expand the reach of the Biden-Harris Administration’s Inflation Reduction Act by helping entities that co-own clean energy

The US Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), on 19 November 2024, released the Notice of Allocation Availability (NOAA) for the next round of the New Markets Tax Credit Program (NMTC

Hungary’s President has signed Law No. XLIII of 2024, officially ratifying the new Country-by-Country (CbC) reports exchange agreement with the US. The ratification was published in the Official Gazette No. 113 (Magyar Közlöny) on 13 November