Does anyone know any details on the upcoming FACTA tax for US citizens in Hungary?
We plan on going into the Hungarian tax office this upcoming week to see what they know about it and if it applies to our SS income from the USA.
If they do decide to tax senior citizens on SS then we are outta here.
I know many tax agreements with even between some EU countries will change as of Jan. 2024.
Not sure if the new tax laws apply to only dual citizens or if residents also fall under their new ruling.
If they do tax US retirement income I'm sure many people will be leaving Hungary.