Hungarian personal income tax (PIT) is assessed on the following.
- Domestic-source income.
- Foreign-source income, provided the individual is resident in Hungary.
Income derived from employment activity performed in Hungary can qualify as domestic-source income, even if it is paid from abroad. In the case of income paid from abroad, income tax can be due whether or not the income has been transferred (e.g. electronically, by bank-to-bank transfer) or brought into the country in cash.
Personal income tax (PIT) rate
The PIT rate is 15% of taxable gross income.