Hungary offers capital gains tax amnesty for shares that previously didn't qualify

18 December 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation|Hungary

The latest year-end tax legislation enacted in Hungary includes a one-time amnesty for capital gains on shares in subsidiaries that had not previously opted in to the Hungarian capital gains exemption regime.
The "price of amnesty" would be a one-time cash tax payment amounting to 1.8% of the gains (if any) accumulated between the original acquisition date and 31 December 2023.

Newly enacted tax legislation in Hungary includes a one-time amnesty for capital gains on shares in subsidiaries that had…

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