WorldTax Compareโ† All Comparisons

Hungary vs Italy
Tax Rate Comparison

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

๐Ÿ‡ญ๐Ÿ‡บ Hungary
vs
๐Ÿ‡ฎ๐Ÿ‡น Italy
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
15%
Flat 15%; family tax allowances significant
No change
23โ€“43%
3-bracket IRPEF reform targeting completion
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5โ€“27%
27% standard maintained; food VAT under review
No change
4โ€“22%
Digital economy VAT rules tightening
No change
Corporate Tax Rate
Corporate Tax Rate
9%
9% maintained; supplementary tax for Pillar Two compliance
No change
24%
Investment incentive rate (20%) extended
No change
Capital Gains Tax
Capital Gains Tax
15%
15% flat maintained
No change
26%
Flat 26% maintained
No change
Social Security & Payroll
Social Security / Payroll
~28.5%
Stable; employer 13% SZOCHO
No change
~40%
Pension reform adjustments continuing
No change
State, Regional & Local Taxes

๐Ÿ‡ญ๐Ÿ‡บ Hungary โ€” Local Business Tax & Communal Levies

Hungary's 19 counties and 3,177 municipalities levy Helyi Iparลฑzรฉsi Adรณ (HIPA โ€” 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 (รฉpรญtmรฉnyadรณ) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.

๐Ÿ‡ฎ๐Ÿ‡น Italy โ€” Regional & Municipal Income Taxes

Italy's 20 regions levy addizionale regionale at 0.7%โ€“3.33%. Municipalities add addizionale comunale up to 0.9%. Sicily, Sardinia, and Trentino-Alto Adige have special autonomous status. IRAP (regional business tax) at ~3.9% applies to businesses. Local property tax (IMU) is set by municipalities on investment properties. Cumulative marginal rates can exceed 50%.

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

Hungary vs Italy: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฎ๐Ÿ‡น Italy has a higher top income tax rate (15% vs 23โ€“43%). ๐Ÿ‡ญ๐Ÿ‡บ Hungary is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Hungary has a higher consumption tax (5โ€“27% vs 4โ€“22%).

๐Ÿข Corporate Tax: ๐Ÿ‡ญ๐Ÿ‡บ Hungary offers a lower corporate rate (9% vs 24%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ญ๐Ÿ‡บ Hungary taxes investment gains at a lower rate (15% vs 26%), benefiting investors.

Related Comparisons

๐Ÿ‡ฆ๐Ÿ‡บ Australia vs ๐Ÿ‡ฎ๐Ÿ‡น ItalyTax comparison๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria vs ๐Ÿ‡ญ๐Ÿ‡บ HungaryTax comparison๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡ญ๐Ÿ‡บ HungaryTax comparison๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡ฎ๐Ÿ‡น ItalyTax comparison๐Ÿ‡ญ๐Ÿ‡ท Croatia vs ๐Ÿ‡ญ๐Ÿ‡บ HungaryTax comparison๐Ÿ‡จ๐Ÿ‡ฟ Czech Republic vs ๐Ÿ‡ญ๐Ÿ‡บ HungaryTax comparison๐Ÿ‡ซ๐Ÿ‡ท France vs ๐Ÿ‡ฎ๐Ÿ‡น ItalyTax comparison๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡ญ๐Ÿ‡บ HungaryTax comparison๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡ฎ๐Ÿ‡น ItalyTax comparison๐Ÿ‡ญ๐Ÿ‡บ Hungary vs ๐Ÿ‡ต๐Ÿ‡ฑ PolandTax comparison๐Ÿ‡ญ๐Ÿ‡บ Hungary vs ๐Ÿ‡ท๐Ÿ‡ด RomaniaTax comparison๐Ÿ‡ญ๐Ÿ‡บ Hungary vs ๐Ÿ‡ท๐Ÿ‡ธ SerbiaTax comparison