WorldTax Compareโ† All Comparisons

Hungary vs Mali
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‡ฒ๐Ÿ‡ฑ Mali
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
0โ€“40%
40% top; political transition ongoing
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5โ€“27%
27% standard maintained; food VAT under review
No change
18%
18% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
9%
9% maintained; supplementary tax for Pillar Two compliance
No change
30%
30%; mining fiscal reform expected
No change
Capital Gains Tax
Capital Gains Tax
15%
15% flat maintained
No change
30%
30% as income
No change
Social Security & Payroll
Social Security / Payroll
~28.5%
Stable; employer 13% SZOCHO
No change
~26.6%
INPS reform; social protection very limited
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‡ฒ๐Ÿ‡ฑ Mali โ€” Regional & Cercle Taxes

Mali's 21 regions and cercles (districts) levy local taxes including Taxe de Rรฉsidence, property taxes, and business licence fees. Mali has been in severe political turmoil โ€” military coups in 2020 and 2021, French military withdrawal, Russian PMC Wagner Group forces, and suspension from ECOWAS. Gold is the dominant export. The fiscal situation is extremely challenging with significant informal economy and conflict disruption, particularly in northern regions where terrorist groups control territory and tax trade routes informally.

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 Mali: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡ฑ Mali has a higher top income tax rate (15% vs 0โ€“40%). ๐Ÿ‡ญ๐Ÿ‡บ Hungary is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Hungary has a higher consumption tax (5โ€“27% vs 18%).

๐Ÿข Corporate Tax: ๐Ÿ‡ญ๐Ÿ‡บ Hungary offers a lower corporate rate (9% vs 30%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ญ๐Ÿ‡บ Hungary taxes investment gains at a lower rate (15% vs 30%), benefiting investors.

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