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What are The Stamp Duty Rates on Hungarian Property?

April 26, 2017duty Hungarian Property rates stamp

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What are The Stamp Duty Rates on Hungarian Property?

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A. Value of Apartment 0-60,000 Total amount is exempt from Stamp Duty Value of Apartment 60,000-100,000 The first 60,000 is exempt from Stamp Duty. The amount over 60,000 is subject to 6% stamp duty Example: Apartment costing 100,000 60,000 exempt 40,000 subject to 6% i.e.2,400 Total Stamp Duty: 2,400 120,000 Plus The first 10,000 is subject to 2% The amount above 10,000 is subject to 6% Apartment costing 150,000 10,000 Subject to 2% i.e. 200 140,000-00 Subject to 6% i.e.