Hungary · Proposed legislation
Hungary proposes 15% corporate tax for €500 million businesses
On 28 October 2026, Hungary’s Government announced that it had submitted its 2027 tax-law package to Parliament, proposing a 15% corporate income-tax rate for companies and corporate groups with annual revenue of at least €500 million.
- Official document:
- Government 2027 tax-law package submitted to Parliament; Act LXXXI of 1996
- Development date:
- 2026-10-28
The general 9% rate would remain for other businesses
The Government’s official announcement says companies and corporate groups meeting the annual €500 million revenue threshold would pay 15%, while other businesses would remain subject to the 9% rate. This is an announced legislative proposal, not an enacted rate increase. The official announcement does not itself establish final commencement, calculation or filing rules.[1]
Current law still sets a single rate
Hungary’s corporate tax is governed by Act LXXXI of 1996 on Corporate Tax and Dividend Tax. Section 19 currently applies a 9% rate to a taxpayer’s positive tax base and to the positive tax base of a corporate tax group. The proposal would therefore create a higher-rate category rather than change the general rate for every company.[1][2]
Detailed threshold mechanics remain held
The official parliamentary bill PDF could not be read because the Parliament route presented a CAPTCHA. The Government announcement supports focused coverage of the submission milestone, headline rate and threshold, but not the revenue measurement year, accounting basis, standalone or consolidated computation, currency conversion, tax-group perimeter, incentive interaction, transition or instalment mechanics. Those points must remain unresolved until accessible official clauses or an enacted text are available.[1]
Groups can model the proposal without treating it as law
MNE groups should identify Hungarian taxpayers and tax groups that could meet the stated €500 million threshold and model a 15% scenario separately from the operative 9% rule. They should not alter current returns, instalments or tax calculations as though the proposal were enacted. The next verifiable milestones are publication of accessible parliamentary clauses, passage and Gazette promulgation.[1][2]
Focused coverage is not a whole-package review
This update records the official submission and supported rate proposal only. It does not claim review of every business-tax measure in the 2027 package, establish a Pillar Two interaction or create a calculator change. No new filing, payment or registration deadline is established by the official announcement.[1][2]
Official sources
- [1] Government submits next year’s tax laws to Parliament
Government of Hungary · Document date: 2026-10-28
Dated official announcement; corporate-tax paragraph states at least EUR 500 million annual revenue, a proposed 15% rate and continued 9% rate for other businesses.
- [2] Act LXXXI of 1996 on Corporate Tax and Dividend Tax
Hungary National Legislation Database · Document date: 2026-11-09
Current section 19: 9% of a taxpayer’s positive tax base and the positive tax base of a corporate tax group.