Property tax services / Hungary / Tax Rates

Tax Rates and Deadlines

Tax Year
1st January – 31st December
Income Tax Rate

16% over net gain. Notional increase of 27% on the calculated net gain is applicable.

Income Tax Deadline
20th May 2017
The deadline for filing a Hungarian tax return is 20th May of the year following the tax year (i.e. for 2016 the deadline will be 20th May 2017). There is an extended deadline to 20 November for individuals who file a declaration to the Hungarian tax office stating a reasonable excuse why return cannot be filed.
Capital Gains Tax Rate
25%
(CGT on a sale of a company containing property is 5%)
Dual Tax Agreement with Ireland
Yes
Dual Tax Agreement with the UK
Yes