FAQ
Wealth tax – frequently asked questions
Short answers to common questions about the draft. Every situation requires individual assessment.
Is the wealth tax already in force?
The rules described come from a draft bill. The draft alone does not confirm adoption; the final text and entry into force must be verified separately.
Above what amount could the tax apply?
Under section 6 of the draft, net wealth above HUF 1 billion, after specified debts, could be relevant.
What would the rates be?
Section 9 of the draft sets banded rates between 1% and 1.5%, with the higher rate applying to very substantial wealth.
Do company shareholdings count?
Yes, the draft would include the calculated value of shareholdings under specific valuation rules (section 12, Annex I).
Can you help outside Debrecen?
Yes. We serve clients throughout Hungary, in person or online.
Is my information kept confidential?
Yes. Every engagement is covered by attorney confidentiality.