Saint Kitts and Nevis vs Hungary
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π°π³ Saint Kitts and Nevis β St Kitts & Nevis Tax System
Saint Kitts and Nevis abolished personal income tax in 1980, making it one of the few countries globally with no income tax. The oldest Citizenship by Investment programme in the world (1984) provides substantial government revenue. Corporate tax applies at 33%. Tourism and financial services dominate.
ππΊ Hungary β Local Business Tax & Communal Levies
Hungary's 19 counties and 3,177 municipalities levy Helyi IparΕ±zΓ©si AdΓ³ (HIPA β 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 (Γ©pΓtmΓ©nyadΓ³) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.
Saint Kitts and Nevis vs Hungary: Key Tax Differences (2026)
π° Income Tax: ππΊ Hungary has a higher top income tax rate (0% vs 15%). π°π³ Saint Kitts and Nevis is more favourable for high earners.
π VAT/Sales Tax: Hungary has a higher consumption tax (17% vs 5β27%).
π’ Corporate Tax: ππΊ Hungary offers a lower corporate rate (9% vs 33%), which can influence business location decisions.
π Capital Gains: π°π³ Saint Kitts and Nevis taxes investment gains at a lower rate (0% vs 15%), benefiting investors.