Hungary vs Madagascar
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
🇭🇺 Hungary — Local Business Tax & Communal Levies
Hungary's 19 counties and 3,177 municipalities levy Helyi Iparűzési Adó (HIPA — local business tax) on companies at up to 2% of net revenues. This is a major cost for businesses operating in Hungary. Budapest applies the maximum 2%. Municipalities also set property tax (építményadó) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.
🇲🇬 Madagascar — Region & Commune Taxes
Madagascar's 6 provinces, 22 regions, and 1,695 communes levy Taxe Foncière sur les Terrains (TFT), Taxe Foncière sur les Propriétés Bâties (TFPB), and Taxe Professionnelle (TP — business licence). The Direction Générale des Impôts (DGI) administers national taxes. Madagascar is highly dependent on vanilla (world's largest producer), cloves, seafood exports, and mining (ilmenite, cobalt via Ambatovy). It's among the world's poorest countries. Cyclones regularly disrupt the economy and infrastructure.
Hungary vs Madagascar: Key Tax Differences (2026)
💰 Income Tax: 🇲🇬 Madagascar has a higher top income tax rate (15% vs 0–20%). 🇭🇺 Hungary is more favourable for high earners.
🛒 VAT/Sales Tax: Hungary has a higher consumption tax (5–27% vs 20%).
🏢 Corporate Tax: 🇭🇺 Hungary offers a lower corporate rate (9% vs 20%), which can influence business location decisions.
📈 Capital Gains: 🇭🇺 Hungary taxes investment gains at a lower rate (15% vs 20%), benefiting investors.