Features
Features
Hungary has recently voted for a new government this summer with an emphasis on ushering in the reforms necessary for Hungary to catch up with Western European governance and similarly best practices in economy.
Historically, taxes have always proven to been extremely low in Hungary.
Transfer tax is within a range between 2% and 4%.
Income tax is at 16% and is also the rate for capital gains tax.
There is no inheritance tax and no wealth tax.