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Canada vs Hungary: tax rates compared
Canada's income tax rate is 38.5pp higher than Hungary's (53.5% vs 15%). The 37-country average is 43.2%: Canada sits above it, Hungary sits below it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Hungary | 15% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +38.5 pp | Canada higherlargest gap on this page |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Hungary | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +17 pp | Canada higher |
Canada's corporate tax rate is 17pp higher than Hungary's (26% vs 9%). The 201-country average is 22.6%: Canada sits above it, Hungary sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Hungary | 27% | Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −22 pp | Hungary higher |
Hungary's VAT rate is 22pp higher than Canada's (27% vs 5%). The 37-country average is 19.5%: Canada sits below it, Hungary sits above it. Canada's figure is dated 2026-06-12 and Hungary's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Hungary | 0% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Canada's wealth tax rate is identical to Hungary's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 and Hungary's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.