Hungary has a tiered VAT rate system, with three main rates: the standard rate, reduced rate, and zero rate. The standard rate is applied to most goods and services, currently set at 27%. The reduced rate, which is lower, is typically imposed on certain essential items like food, pharmaceuticals, and books, with a rate of 5% or 18%. Additionally, a zero rate is applied to specific goods and services, such as exports, international transport, and certain medical products.
Visit here to calculate VAT: https://vatcalculatorg.com/vat-hungary/.
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