Hungary: Consultation on autumn tax package

Includes proposals affecting corporate income tax, global minimum tax, and VAT

Share
October 15, 2025

The Ministry for National Economy released the draft autumn tax package for public consultation, which includes the following proposals:

  • Individual (personal) income tax: Allowance of losses from cryptoasset transactions from any previous year, not just the prior two years
  • Corporate income tax: Reduction in reconsideration period for new research and development (R&D) tax incentive from six to five years, and qualification of R&D activities with certain state-related institutions for standard tax incentive rate (capped at HUF 500 million)
  • Global minimum tax: Guidance on simplified effective tax rate (ETR) test for transitional safe harbor eligibility, and transitional relief for substance-based income exclusion using lower percentages for payroll and tangible assets (with retroactive reductions possible)
  • Value added tax (VAT): Allowance of appointment of VAT group representative in certain cases, and joint and several liability for VAT breaches for group members
  • Tax procedures: Changes affecting VAT registration, self-audits, amendments or withdrawals of taxpayer applications
  • Insurance tax: Inclusion in life insurance premiums of advance payment base for supplementary insurance premium tax
  • Retail tax: Extension of special tax rates for retail motor vehicle fuel sales for tax years starting in 2026
  • Advertisement tax: Maintenance of 0% advertisement tax rate until December 31, 2026

A bill based on the draft autumn tax package has been submitted to Parliament.

Read an October 2025 report prepared by the KPMG member firm in Hungary

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.

KPMG. Make the Difference.


Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2025 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Search now!

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Submit

Office locations

View locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Learn more

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Contact

Headline