Crypto tax in Hungary
How is cryptocurrency taxed in Hungary?
In Hungary, cryptocurrency is taxed as income at a rate of 15%. There is no long-term exemption.
Common questions
- What is the tax rate on cryptocurrency income in Hungary?
- Cryptocurrency is taxed as income in Hungary at a rate of 15%.
- Does Hungary offer a long-term capital gains tax exemption for crypto?
- No, Hungary does not offer a long-term exemption for cryptocurrency gains.
- What is the capital gains tax rate in Hungary?
- The capital gains tax rate in Hungary is 15%.
Crypto in Hungary is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
15%
For an individual relocating to Hungary, private crypto gains become taxable only when you cash out to fiat or use crypto for real-world purchases, and are then taxed at a flat 15% personal income tax rate with no lower rate or exemption for long-term holding.
“Gains from crypto transactions are taxed at 15% PIT (the general tax rate in Hungary). No other tax or social security contribution is payable. Exchange of crypto-assets for other crypto-assets is not taxable. Exchange of crypto-assets for goods/services is taxable in a similar way as their exchange to FIAT currency.” — Hungarian National Tax and Customs Administration (NAV) via CMS summary of PIT crypto rules
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.