Tax rate is the extent of tax determined as a percentage of the tax base.
Examples of tax rates applicable for some taxes introduced in Hungary:
- Personal income tax (PIT): 15 percent
- Corporate income tax: 9 percent
- Value added tax (VAT): 27 percent; 18 percent; 5 percent
- Social contribution tax: 17.5 percent
- Small business tax (KIVA): 12 percent