Taxes · HUN
Taxes in Hungary
Individual holders in Hungary pay a flat 15% personal income tax on crypto gains and income, plus a 13% social contribution tax (szocho) subject to an annual ceiling. Crypto-to-fiat and crypto-to-crypto exchanges are VAT-exempt. Hungary introduced clearer crypto taxation rules in recent years, making it relatively straightforward compared to many EU peers, though the combined 28% effective rate can be significant.
The tax figures
Tax wedge
41.15 %
Of every €100 an employer spends on an average single worker, about €41 goes to tax and social contributions before pay-out.
25 of 36 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD tax wedge: income tax plus employee AND employer social contributions as a share of total labour cost, for a single person at exactly the average wage. It is a comparable type case between countries — not your personal tax rate.
Tax on pay
33.50 %
Of every $100 of gross pay at the average wage in Hungary, about $34 goes to income tax and employee social contributions.
32 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD net personal average tax rate: income tax plus the EMPLOYEE’s social contributions as a share of gross wage earnings, for a single person with no children at exactly the average wage. This is the rate you can apply to a salary. It is deliberately smaller than the tax wedge on the same page, which measures a wider bite (it adds the employer’s contributions) over a wider base (total labour cost) — two honest answers to two different questions.
Take-home pay
$26,031 PPP
The average job in Hungary pays about $26,031 a year (PPP) after income tax and the employee's social contributions.
35 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
Our own calculation: the OECD average annual wage multiplied by (1 − the OECD net personal average tax rate). Both legs share the same denominator — gross wage earnings — which is what makes the multiplication valid; the tax wedge, which is measured against total labour cost including the employer’s contributions, cannot be used this way. It is a comparable type case for a single average earner: not your salary, and not a full net-income figure, since it excludes benefits, deductions and consumption taxes.
Top income tax
15.00 %
2 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The top statutory rate on wage income — what the last euro of a very high salary is taxed at, combining central and typical sub-central rates (OECD). Almost nobody pays this on their whole income: it applies only above the top threshold.
Corporate tax
9.00 %
7 of 96 countries that publish it · 2026 · see the ranking →
What this measures, and what it does not
The statutory (headline) corporate income tax rate from OECD Corporate Tax Statistics. Effective rates after deductions and incentives are typically lower; this is the rate on paper that companies plan around.
The rules, in words
Income tax
Mining rewards, staking income, and other crypto-derived income are treated as 'other income' subject to 15% personal income tax plus 13% social contribution tax (szocho), subject to the annual szocho cap.
VAT / GST
Exempt. Following ECJ case law (Hedqvist, C-264/14), exchanging cryptocurrency for fiat or other crypto is VAT-exempt in Hungary for individual holders.
Capital gains
Gains from crypto disposal are taxed as 'other income' under personal income tax at a flat rate of 15%. A social contribution tax (szocho) of 13% also applies, capped at an annual ceiling. Net losses can offset gains within the same tax year.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap