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Hungary vs Colombia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇭🇺 Hungary
vs
🇨🇴 Colombia
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
15%
Flat 15%; family tax allowances significant
No change
0–39%
Reform proposals; Petro administration final year
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
5–27%
27% standard maintained; food VAT under review
No change
0–19%
19% standard; no major change
No change

Corporate Tax Rate

Corporate Tax Rate
9%
9% maintained; supplementary tax for Pillar Two compliance
No change
35%
35% stable; competitiveness concerns vs. regional peers
No change

Capital Gains Tax

Capital Gains Tax
15%
15% flat maintained
No change
15%
15% flat; potential reform for real estate gains
No change

Social Security & Payroll

Social Security / Payroll
~28.5%
Stable; employer 13% SZOCHO
No change
~30%
Pension reform fully phasing in; new contribution structure
No change
State, Regional & Local Taxes

🇭🇺 HungaryLocal Business Tax & Communal Levies

Hungary's 19 counties and 3,177 municipalities levy Helyi Iparűzési Adó (HIPA — local business tax) on companies at up to 2% of net revenues. This is a major cost for businesses operating in Hungary. Budapest applies the maximum 2%. Municipalities also set property tax (építményadó) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.

🇨🇴 ColombiaDepartmental & Municipal Taxes

Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) — a gross receipts tax on business activity at 0.2%–1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. Bogotá and Medellín have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Hungary vs Colombia: Key Tax Differences (2026)

💰 Income Tax: 🇨🇴 Colombia has a higher top income tax rate (15% vs 0–39%). 🇭🇺 Hungary is more favourable for high earners.

🛒 VAT/Sales Tax: Hungary has a higher consumption tax (5–27% vs 0–19%).

🏢 Corporate Tax: 🇭🇺 Hungary offers a lower corporate rate (9% vs 35%), which can influence business location decisions.

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