Hungary vs Saint Vincent and the Grenadines
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ญ๐บ Hungary โ Local Business Tax & Communal Levies
Hungary's 19 counties and 3,177 municipalities levy Helyi Iparลฑzรฉsi Adรณ (HIPA โ 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 (รฉpรญtmรฉnyadรณ) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.
๐ป๐จ Saint Vincent and the Grenadines โ SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
Hungary vs Saint Vincent and the Grenadines: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ป๐จ Saint Vincent and the Grenadines has a higher top income tax rate (15% vs 0โ30%). ๐ญ๐บ Hungary is more favourable for high earners.
๐ VAT/Sales Tax: Hungary has a higher consumption tax (5โ27% vs 15%).
๐ข Corporate Tax: ๐ญ๐บ Hungary offers a lower corporate rate (9% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ป๐จ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 15%), benefiting investors.