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Hungarian taxation policy changes

Overview

The Hungarian government has announced plans to tighten tax regulations specifically targeting professional athletes. Effective January 1, 2027, the annual income limit for the simplified tax contribution (EKHO) will be reduced from 500 million HUF to 60 million HUF. Finance Minister András Kármán stated the change aims to “eliminate an unjustified exception in the tax system,” bringing athletes in line with other professional groups like journalists or actors.

This policy change has drawn criticism from the Ferencváros sports club, which warned that the new rules could jeopardize international competitiveness and potentially force the club to reduce squad sizes or sell players to manage costs.

Entities

Ferencvaros · András Kármán · Peter Magyar

Timeline

  1. [BUSINESS] 3 sources
    Taxation guidelines for professional and year-end corporate events

    An overview of taxation rules for corporate events in Hungary, focusing on distinguishing between professional training and end-of-year social celebrations for tax optimization.

  2. [BUSINESS] 2 sources
    Hungary to tighten tax rules for professional athletes

    Hungary will lower the annual income cap for professional athletes to use simplified taxation from 500 million to 60 million HUF in 2027, sparking competitiveness concerns from clubs like Ferencváros.

Sources

adozona.hu · blogol.hu · eszakhirnok.com · index.hu · kontroll.hu