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Hungary vs Iraq: tax rates compared

Hungary and Iraq share the same income tax rate: 15%. The 200-country average is 28%: both sit below it. Hungary's figure is dated 2025-01-01 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%Corporate9%15%VAT0%27%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax HU IQDifference
Income Tax15%15%match
Corporate Tax9%15%IQ +6 pp
VAT27%0%HU +27 pplargest gap
Capital Gains Tax15%0%HU +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hungary15%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Iraq15%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−6 ppIraq higher

Iraq has a corporate tax rate of 15%, 6pp above Hungary's 9%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24
Difference+27 ppHungary higher

Hungary has a VAT rate of 27%, 27pp above Iraq's 0%. The 181-country average is 15%: Hungary sits above it, Iraq sits below it. Hungary's figure is dated 2025-12-31 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Hungary15%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31
Iraq0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Difference+15 ppHungary higher

Hungary has a capital gains tax rate of 15%, 15pp above Iraq's 0%. The 175-country average is 10.3%: Hungary sits above it, Iraq sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Difference0 ppdisplayed rates match

Hungary and Iraq share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.