osztalékadó

Oszalékadó is the Hungarian term for dividend tax. It refers to the taxation levied on profits distributed by a company to its shareholders. In Hungary, dividend income is generally subject to both personal income tax and social security contributions.

The personal income tax rate on dividends is currently 15%. In addition to the income tax, a social security contribution of 13% is also applicable to dividend income. This means that the total tax burden on dividends can be significant.

There are certain exceptions and nuances to the dividend tax rules. For instance, dividends received from certain publicly traded companies may be subject to different regulations. Furthermore, tax treaties between Hungary and other countries can influence how dividends paid to foreign shareholders are taxed.

The concept of oszalékadó is important for both individual investors and companies operating in Hungary. Investors need to be aware of their tax obligations when receiving dividend payments, and companies must correctly calculate and remit these taxes. Understanding the specific rates, potential deductions, and reporting requirements is crucial for compliance. The legal framework surrounding oszalékadó can change, so it is advisable to consult with tax professionals for the most up-to-date information.