18 Countries with the Lowest Individual Tax Rates in the World

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17. Hungary

In Hungary, personal income tax (PIT) is 15% of taxable gross income, from 2016. If income is derived from employment activity which is performed in Hungary but paid from abroad, it is still considered to be a domestic-source income. If the income is paid from abroad, income taxation depends on whether the income was transferred electronically or brought into the country in cash.

18 Countries with the Lowest Individual Tax Rates in the World

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