×

Economy > Government > Revenue > Tax Stats: compare key data on Greece & Hungary

Definitions

  • Corporate tax: Corporate tax.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Bangladesh had range specified: 45%-0%

    Maldives had range specified: 15%-0%

    Mexico had range specified: 30%-28%

    Spain had range specified: 30%-25%

    Sri Lanka had range specified: 35%-0%

    Switzerland had range specified: 25%-13%

  • Income tax: Average income taxes (net of benefits), as a percentage of gross wage earnings, levied on a single person with no children, who earns the average wage.
  • Maximum tax rate for individuals: Individual (max).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Mexico had range specified: 29%-3%

  • Sales tax, VAT or GST (reduced rate): Reduced rate.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
  • Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
  • Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
  • Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
  • Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
  • Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
STAT Greece Hungary
Corporate tax 26%
Ranked 5th. 3 times more than Hungary
10%
Ranked 27th.
Income tax 18.8%
Ranked 27th.
35%
Ranked 5th. 86% more than Greece
Maximum tax rate for individuals 22%
Ranked 4th. 38% more than Hungary
16%
Ranked 7th.
Sales tax, VAT or GST (reduced rate) 13% (6.5% for hotels and pharmacies) (8% and 4% on Aegean islands) 18% or 5%
Tax burden, % of GDP 31.2
Ranked 37th.
35.7
Ranked 20th. 14% more than Greece
Taxes foreign income of nonresident citizens no no*
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

Citation

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×