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Hungary vs Paraguay: tax rates compared

Between the two, Hungary's income tax rate (15%) tops Paraguay's (10%) by 5pp. The 200-country average is 28%: both sit below it. Hungary's figure is dated 2025-01-01 and Paraguay's 2026-02-07, 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

0102030405060Income10%15%Corporate9%10%VAT10%27%Capital Gains8%15%Wealth Tax0%
five shared taxes, side by side
Tax HU PYDifference
Income Tax15%10%HU +5 pp
Corporate Tax9%10%PY +1 pp
VAT27%10%HU +17 pplargest gap
Capital Gains Tax15%8%HU +7 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
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference+5 ppHungary higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1 ppParaguay higher

Between the two, Paraguay's corporate tax rate (10%) tops Hungary's (9%) by 1pp. 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
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
Difference+17 ppHungary higher

Between the two, Hungary's VAT rate (27%) tops Paraguay's (10%) by 17pp. The 181-country average is 15%: Hungary sits above it, Paraguay sits below it. Hungary's figure is dated 2025-12-31 and Paraguay's 2026-02-07, 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
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference+7 ppHungary higher

Between the two, Hungary's capital gains tax rate (15%) tops Paraguay's (8%) by 7pp. The 175-country average is 10.3%: Hungary sits above it, Paraguay sits below it. Hungary's figure is dated 2025-12-31 and Paraguay's 2026-02-07, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Difference0 ppdisplayed rates match

There's no gap here — Hungary and Paraguay both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 and Paraguay's 2026-02-07, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.