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Hungary Plans Wealth Tax on Assets Exceeding $3.1 Million

Summary by Bloomberg
Hungary’s government plans to introduce a wealth tax on assets exceeding 1 billion forint ($3.1 million), according to a senior official, reaffirming Prime Minister Peter Magyar’s bid to raise levies on the country’s richest.

12 Articles

Lean Left

The Budapest government intends to introduce a wealth tax for assets that exceed one billion foreskins (3.1 million dollars), according to a high-ranking official, who reaffirmed Prime Minister Peter Magyar's intention to increase taxes for the wealthiest, transmits Bloomberg, taken by Agerpres. "The wealth tax will be a tax...

·Romania
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Center

The Budapest government intends to introduce a wealth tax for assets that exceed one billion foreskins (EUR 2.7 million), according to a high-ranking official, who reaffirmed Prime Minister Peter Magyar's intention to increase taxes for the richest.

·Bucharest, Romania
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The government in Budapest plans to introduce, from next year, a wealth tax on people whose income and assets exceed one billion forints, the equivalent of about 3.1 million dollars.

·Romania
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The Budapest government intends to introduce a wealth tax for assets that exceed a billion forints, about $3.1 million, broadcasts Bloomberg, quoted by protv.ro.

The Hungarian government is introducing a wealth tax that could affect the richest people above the one billion forint threshold. The decision was confirmed by Bálint Ruff, the Minister Head of the Prime Minister’s Office, but several important details of the regulation are still being worked out. Telex was the first to report the news, based on a comprehensive interview with Bálint Ruff. The amounts above one billion forint would be affected [……

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Bloomberg broke the news in New York, United States on Wednesday, September 2, 2026.
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