The specific provisions for border workers are contained in the following double taxation agreements: download the full list (PDF) of the double taxation agreements signed with Hungary! Bulgaria Bulgarian tax agreements and international agreements There are currently 75 agreements on double tax evasion between Hungary and other countries. These areas are listed below, as well as the effective date of the last contract with Hungary. To date, Hungary has concluded more than 80 double taxation agreements (so-called double taxation agreements), which mainly follow the terminology and structure of the OECD contract model. Because of the diversity of national laws, certain types of income cannot be taxed in any of the countries, treaties are also used against double non-taxation. Hungary`s recent double taxation conventions have been signed with Saudi Arabia, Liechtenstein, Bahrain and Uzbekistan. At present, the full list provided by the Hungarian tax administration does not contain the agreement with Turkmenistan and the new amended treaty with Luxembourg. The updated treaty with the United States is not yet in force. Individuals must pay quarterly tax advances based on the gross income they receive from abroad when taxed in Hungary (for example. B if they operate in Hungary).
Where DTTs apply, they generally offer an exemption instead of a foreign tax credit. Hungary has social security agreements with Albania, Australia, Bosnia and Herzegovina, Canada, India, Japan, Korea, the Member States of the Commonwealth of Independent States, including, among others, Russia and Ukraine (with the exception of Uzbekistan, the Member States of the former Yugoslavia (Macedonia, Kosovo), Moldova, Mongolia, Quebec, Serbia, Turkey). In addition, Hungarian local rules are governed by EU social security legislation. This file may not be suitable for auxiliary technology users. The Double Taxation Agreement came into force on December 28, 2011. . Almost all contracts provide for a reduced withholding tax of 5% or 10% on dividends distributed to foreign shareholders, representing a maximum rate of 8% in Hungary. Hungary`s double taxation agreements do not contain anti-avoidance clauses and can often be used very effectively in international tax structures. HungaryListing Hungarian tax treaties in English Legal database – including all contractsLegal Acts Database in Hungary CyprusListe of Cypriot Tax Treaties (EL) Currently, Hungary has DTTs with the following countries: AustriaAccord to various bilateral agreements, including the Slovenian tax treatiesListe of Slovenian tax treaties (SL) General information on tax treaties (SL) is also taxed on Income from foreign sources , but foreign taxes are well paid. The credit must not exceed 90% of the foreign tax paid abroad, nor the Hungarian PIT, calculated with the Hungarian tax rate on foreign income. EstoniaPage of the Estonian Taxpayers Association with a list of Estonian tax treaties and related documents between the UK and Hungary. FinlandInternational treaty database (legislative and judicial information on Finland, including tax treaties).