Hungary Corporate Tax Rate  1989-2017 | Data | Chart | Calendar | Forecast

Hungary's corporate tax rate was reduced to a flat 9 percent on January 1st, 2017, from progressive rates of 10 percent and 19 percent in 2016. Corporate Tax Rate in Hungary averaged 22.73 percent from 1989 until 2017, reaching an all time high of 50 percent in 1989 and a record low of 9 percent in 2017.

Hungary Corporate Tax Rate
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Hungary Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 9.00 19.00 50.00 9.00 percent [+]
Personal Income Tax Rate 15.00 16.00 44.00 15.00 percent [+]
Sales Tax Rate 27.00 27.00 27.00 20.00 percent [+]
Social Security Rate 47.00 47.00 53.00 36.00 percent [+]
Social Security Rate For Companies 28.50 28.50 43.00 28.50 percent [+]
Social Security Rate For Employees 18.50 18.50 18.50 7.50 percent [+]


Hungary Corporate Tax Rate Notes

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. This page provides - Hungary Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.00 19.00 50.00 9.00 1989 - 2017 percent Yearly



corporate tax rate by Country

Last
United States 38.90 Dec/16
India 34.61 Dec/16
Brazil 34.00 Dec/17
France 33.30 Dec/17
Japan 30.86 Dec/16
Australia 30.00 Dec/16
Mexico 30.00 Dec/17
Germany 29.72 Dec/16
Italy 27.90 Jan/17
Canada 26.50 Dec/16
China 25.00 Dec/17
Indonesia 25.00 Dec/16
Netherlands 25.00 Dec/17
Spain 25.00 Dec/17
South Korea 24.20 Dec/16
Russia 20.00 Dec/17
Turkey 20.00 Dec/17
United Kingdom 19.00 Dec/17
Switzerland 17.92 Dec/15