The Corporate Tax Rate in Hungary stands at 9 percent.

Corporate Tax Rate in Hungary averaged 21.45 percent from 1989 until 2020, reaching an all time high of 50 percent in 1989 and a record low of 9 percent in 2017. This page provides - Hungary Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Hungary is expected to reach 9.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Corporate Tax Rate is projected to trend around 9.00 percent in 2021, according to our econometric models.

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Hungary Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 50.00 9.00 1989 - 2020 percent Yearly

Hungary Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 9.00 9.00 50.00 9.00 percent [+]
Personal Income Tax Rate 15.00 15.00 44.00 15.00 percent [+]
Sales Tax Rate 27.00 27.00 27.00 20.00 percent [+]
Social Security Rate 39.50 39.50 53.00 36.00 percent [+]
Social Security Rate For Companies 21.00 21.00 43.00 21.00 percent [+]
Social Security Rate For Employees 18.50 18.50 18.50 7.50 percent [+]


Hungary Corporate Tax Rate
In Hungary, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Hungary.