The amendments to the Hungarian Tax Law submitted by the Minister of Economy of Hungary were accepted on 12 December 2016 without any major modifications. According to the adopted Tax Law the new tax measures are as follows:
|
Tax Measures |
Previous rate |
Current rate |
| Main corporate tax rate |
19%/10% |
9% |
| KIVA tax rate |
16% |
14% |
| Social security tax rate |
27% |
22% |
| Health care contribution |
27% |
22% |
These new tax measures are effective from 1 January 2017.
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