| Return |
| Calculation of Additional Tax | |
| HUF | |
| Income before tax | 100.00 |
| Calculated tax at 18% | (18.00) |
| Income after tax to be distributed | 82.00 |
| Amount available for distribution after payment of additional tax (82 Æ 1.23) | 66.67 |
| Total tax paid | 33.33 |
| Effective rate of additional tax (% of income before tax) | 15.33% |
| Personal Income Tax Rates | |
| Level of Taxable Income (HUF) | Rate Applicable to Level (%) |
| Up to 110,000 | - |
| 110,001-150,000 | 20 |
| 150,001-220,000 | 25 |
| 220,001-380,000 | 35 |
| 380,001-550,000 | 40 |
| Over 550,000 | 44 |
| Withholding Tax Rates for Treaty Countries | |||||
| Dividends | |||||
| Country of Recipient | Major Rate(%) | Minor Rate(%) | Major Holding(%) | Interest(%) | Royalties(%) |
| Australia | 15 | 15 | - | 10 | 10 |
| Austria | 10 | 10 | - | - | - |
| Belgium | 10 | 10 | - | 15 | - |
| Brazil | 15 | 15 | - | 15 | 15a |
| Canadab | 10 | 15 | 25 | 10 | 10c |
| Cyprus | 5 | 15 | 25 | 10 | - |
| Denmark | 5 | 15 | 25 | - | - |
| Finland | 5 | 15 | 25 | - | 5c |
| France | 5 | 15 | 25 | - | - |
| Germany | 5 | 15 | 25 | - | - |
| Greece | 10 | 10 | - | 10 | 10c |
| India | 15 | 15 | - | 15 | 18 |
| Indonesia | 15 | 15 | - | 15 | 15 |
| Israel | 5 | 15 | 10 | - | - |
| Italy | 10 | 10 | - | - | - |
| Japan | 10 | 10 | - | 10 | 10c |
| Korea (Republic of) | 5 | 10 | 25 | - | - |
| Luxembourg | 5 | 15 | 25 | - | - |
| Malaysia | 10 | 10 | - | 15 | 15 |
| Malta | 5 | 15 | 25 | 10 | 10 |
| Netherlands | 5 | 15 | 25 | - | - |
| Norway | 10 | 10 | - | - | - |
| Spain | 5 | 15 | 25 | - | - |
| Sweden | 5 | 15 | 25 | - | - |
| Switzerland | 10 | 10 | - | 10 | - |
| Thailand | 15 | 20 | 25 | 18 | 15 |
| United Kingdom | 5 | 15 | 25 | - | - |
| United States | 5 | 15 | 10 | - | - |
| Yugoslavia | 10 | 10 | - | - | 10 |
| a. Trademark royalties are taxed at the nontreaty rate. | |||||
| b. The rates for dividends would change under a protocol that is awaiting ratification. | |||||
| c. Cultural royalties are exempt. | |||||
| Return |
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