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Hungary vs Singapore: tax rates compared
Singapore has an income tax rate of 24%, 9pp above Hungary's 15%. The 200-country average is 28%: both sit below it. Hungary's figure is dated 2025-01-01 and Singapore's 2026-04-27, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | HU | SG | Difference |
|---|---|---|---|
| Income Tax | 15% | 24% | SG +9 pp |
| Corporate Tax | 9% | 17% | SG +8 pp |
| VAT | 27% | 9% | HU +18 pplargest gap |
| Capital Gains Tax | 15% | 0% | HU +15 pp |
| Crypto Tax | 15% | 0% | HU +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | −9 pp | Singapore higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8 pp | Singapore higher |
Singapore has a corporate tax rate of 17%, 8pp above Hungary's 9%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Hungary | 27% | Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +18 pp | Hungary higher |
Hungary has a VAT rate of 27%, 18pp above Singapore's 9%. The 181-country average is 15%: Hungary sits above it, Singapore sits below it. Hungary's figure is dated 2025-12-31 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +15 pp | Hungary higher |
Hungary has a capital gains tax rate of 15%, 15pp above Singapore's 0%. The 175-country average is 10.3%: Hungary sits above it, Singapore sits below it. Hungary's figure is dated 2025-12-31 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| Singapore | 0% | Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30 |
| Difference | +15 pp | Hungary higher |
Hungary has a crypto tax rate of 15%, 15pp above Singapore's 0%. The 88-country average is 13%: Hungary sits above it, Singapore sits below it. Hungary's figure is dated 2025-12-31 and Singapore's 2026-01-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 0% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Hungary and Singapore 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 Singapore's 2026-07-02, so the two rates come from different data vintages.