In Hungary, the corporate tax rate is currently 9%. This rate applies to the taxable profit of Hungarian companies and to the permanent establishments of foreign companies in Hungary. The 9% rate is one of the lowest in Europe and makes Hungary an attractive location for international business. In addition to the corporate tax, Hungarian companies may also be subject to other taxes, such as local business tax, value added tax (VAT), and taxes on employees. The exact amount of tax that a company must pay depends on its size, structure, and type of business activities, as well as its location within Hungary.