- VAT Rate Disparities: The Forvis Mazars regional tax guide highlights significant variations in VAT rates among 25 Central and Eastern European countries, reflecting the diverse tax environments across the region.
- Hungary’s VAT Position: Hungary is noted as having the highest VAT rate in Europe at 27%, while also maintaining the lowest corporate tax rate at 9%, making it a unique case within the CEE region.
- Impact on Family Tax Burden: The guide mentions that Hungary’s strong tax breaks for families contribute to its ranking as the second-best country in the CEE region for reducing the tax burden on families with three children, indicating the relationship between VAT policy and family welfare.
Source Forvis Mazars
See also