Ministry of Finance: www.pm.gov.hu
National Tax and Customs Administration of Hungary: en.nav.gov.hu/
In 2017 a flat corporate income tax replaced the former progressive system in Hungary. The tax rate amounts to 9%.
Local business tax is maximum 2%, the innovation contribution is 0.3%.
The general VAT rate is 27%, reduced rates are 18% (e.g. bread, cereals, some dairy products, commercial accommodation services) and 5% (e.g. meat, egg, fish, journals, books, pharmaceuticals, medical appliances, internet and district heating services). VAT-exempt services are mainly financial, banking, insurance, healtcare, education, sport, postal, certain investment related services, sale and rental of real estate.
There is a wide range of tax allowances for new investments and R&D. Hungary provides tax exemption on holding structures, capital gains on shares and intellectual property under certain conditions are tax free, and a 50% tax allowance is applicable on royalty incomes. There is no withholding tax on dividends, interest and royalty paid by a Hungarian company to a foreign company. Hungary has a wide international treaty network with more than 80 double tax treaties.