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Europe

Hungary

Currency

HUF

Corporate Tax

9%

Personal Income Tax

15%

VAT / GST

27%

Corporate Income Tax

Headline rate9%

Flat 9% (lowest in EU); local business tax (HIPA) up to 2% of revenue.

Personal Income Tax

Top marginal rate15%

Flat 15% PIT (no progressive bands); social contribution (SZOCHO) 13% separate.

Value Added Tax / GST

Standard rate27%

Highest standard VAT in EU; 18% and 5% reduced.

Withholding Taxes

Dividends

0%

Interest

0%

Royalties

0%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

Employer 18.5% (13% social + 5.5% health); employee 18.5%; SZOCHO 13% (capped).

Wealth & Capital Taxes

Capital Gains Tax

15%

Inheritance / Estate Tax

0% (direct line); progressive others

Capital (Net Worth) Tax

0%

Property Tax

Property tax (municipal)

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnWithin 5 months after year-end (extendable); quarterly instalments
Personal / PAYEWithheld monthly; annual return by 20 May following year
VAT / GSTQuarterly/monthly, by 20th of following month

Double Taxation Agreements

Treaties in force

~80

Key partners: USA, UK, Germany, France, Austria, Netherlands

EU directives apply; withholding typically 5%–15%.

Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.

Tax Year

Calendar year

Notes

Local business tax (HIPA) 2% on net sales revenue. Innovation contribution 1% on certain income.