Country/ Effect date

Dividends
%
Interest
%
Royalties
%
Albania (1995.08.24.) 5/10(c) 0 5
Australia (1992.04.10.) 15 10 10
Austria (1975.12.11.) 10 0 0
Belgium (1984.01.26.) 10 15 0
Belorussia (2004.06.24.) 5/15(c) 5 5
Brazil (1990.07.13.) 15 10/15(a) 15/25(b)
Bulgaria (1995.09.07.) 10 10 10
Canada (1996.04.16.) 5/10/15(p) 0/10(q) 0/10(j)
China (1994.12.31.) 10 10 10
Croatia (1998.06.07.) 5/10(c) 0 0
Czech Republic (1994.12.27.) 5/15(c) 0 10
Cyprus (1982.09.24.) 5/15(c) 10 0
Denmark (1979.07.30.) 5/15(c) 0 0
Egypt (1994.05.22.) 15 15 15
Estonia (2004.07.05.) 5/15(c) 15 15
Finland (1981.05.25.) 5/15(c) 0 5
France  (1981.09.22.) 5/15(c) 0 0
Germany (1979.08.27.) 5/15/25(d) 0 0
Greece (1984.12.19.) 10/45(e) 10 0/10(f)
India (1987.01.07.) 15(h) 15(g) 20/40(g)(i)
Indonesia (1993.02.04.)  15 15 15
Ireland (1996.12.05.) 5/15 (w) 0 0
Israel (1992.11.13.) 5/15(r) 0 0
Italy (1980.10.02.) 10 0 0
Japan (1980.09.25.) 10 10 0/10(j)
Kazakhstan (1996.03.03.) 5/15(c) 10 10
Korea (1990.01.30.) 5/10(c) 0 0
Kuwait (1994.12.21.) 0 0 10
Latvia (2004.12.23.) 5/15(c) 10 5/15(z)
Lithuania (2004.12.23.) 5/15(c) 10 5/15(z)
Luxembourg (1990.12.22.) 5/15(c) 0 0
Macedonia (2003.01.01.) 5/15(c) 0 0
Malaysia (1992.12.25.) 0/10(s) 0/15(t) 15
Malta (1992.11.29.) 5/15(c) 0/15(u) 10
Moldova (1996.08.16.) 5/15 (c) 10 0
Mongolia (1998.04.14.) 5/15 (c) 10 5
Morocco (2000.08.20.) 12 10 10
Netherlands (1987.08.18.) 5/15(c) 0 0
Norway (1981.07.22.) 10 0 0
Pakistan (1994.02.06.)  15/20(i) 0/15(u) 10
Philippines (1998.02.07.) 15/20 (c) 0/15(u) 10
Poland (1995.08.08.) 10 0/10(u) 10
Portugal (1999.01.28.) 10/15 (c) 10 10
Romania (1995.09.15.) 5/15(v) 0/15(u) 10
Russia (1997.11.03.) 10 0 0
Singapore (1998.12.18.) 0/5/10(n) 0/5(u) 5
Slovakia (1995.12.21.) 5/15(c) 0 10
South Africa (1996.05.05.) 5/15 (c) 0 0
Spain (1987.05.20.) 5/15(c) 0 0
Sweden (1982.06.16.) 5/15(c) 0 0
Switzerland (1982.04.28.) 10 10 0
Thailand (1989.11.11.) 15/20(k) 10/20(l) 15
Tunisia (1997.07.19.) 10/12(c) 0/12(u) 12
Turkey (1995.09.09.) 10/15(c) 10 10
Ukraine (1996.06.24.) 5/15 (c) 10 5
United Kingdom (1978.06.27.) 5/15 (c) 0 0
United States (1979.09.18.) 5/15(m) 0 0
Uruguay (1993.08.13.) 15 15 10/15(y)
Vietnam (1995.06.30.) 10 10 10
Yugoslavia (x) (2002.12.13.) 5/15(c) 10 10
Non-treaty country min. 20(aa) 0/18(o) 18

References to the treaty network: 

(a) The lower rate applies if the loans are provided by a bank for a minimum of eight years for industrial development purposes; otherwise, the higher rate applies.

(b) The higher rate applies to trademarks.

(c) The lower rate applies if the receiving company owns (or controls) more than 25% of the payer.

(d) The 5% rate applies if the receiving company owns more than 25% of the payer. The 15% rate applies in other cases except for distributions to silent partners, to which the 25% rate applies.

(e) The lower rate applies if the company making the distribution is a resident of Hungary; the higher rate applies if the company is a resident of Greece.

(f) The lower rate applies to copyrights; the higher rate applies to patents, trademarks, or any industrial or commercial scientific equipment or information.

(g) The withholding tax applies only to instruments (debt or royalty contracts) entered into after 7 January 1987.

(h) The withholding tax applies only if the Indian shareholder owns at least 10% of the Hungarian company and if the dividends relate to shares issued after 7 January 1987.

(i) The lower rate applies to fees for technical services.

(j) The lower rate applies to royalties on cultural works.

(k) The lower rate applies if the receiving company owns more than 25% of the payer and has an industrial activity. The higher rate applies in all other situations.

(l) The lower rate applies if the receiving company is a financial institution, including an insurance company; otherwise the higher rate applies.

(m) The lower rate applies if the receiving company owns more than 10% of the payer.

(n) The 0% rate applies under special circumstances if the payer is resident in Singapore. The 5% rate applies if the receiving company owns 25% of the payer at least. The 10% rate applies in all other situations.

(o) The 0% rate applies to bank interest and interest on Hungarian treasury securities.

(p) The 5% rate applies if the beneficiary company owns or controls 25% of the payer at least. The 10% rate applies if the payer is a non-resident owned investment corporation in Canada and the Hungarian beneficiary company owns or controls 25% of the payer at least. The 15% rate applies in all other situations.

(q) The lower rate applies if the interest is in respect of a bond, debenture or other similar obligation of the government or political division of local authorities or if the loan is guaranteed by either the Export Development Corporation or the Hungarian National Bank.

(r) The lower rate applies if the recipient owns 10% of the payer at least.

(s) The 0% rate applies under special circumstances if the payer is resident in Malaysia. The 10% rate applies in all other situations.

(t) The lower rate applies if the loan is an approved loan under section 2(i) of the income tax law of Malaysia.

(u) The lower rate applies to interest paid to some government bodies.

(v) The 5% rate applies if the receiving company owns 40% of the payer at least. The 15% rate applies in all other situations.

(w) The lower rate applies if the beneficial recipient (not only companies!) owns 10% of the payer at least.

(x) The name of Yugoslavia changed to Serbia and Montenegro on the 4th February 2003.

(y) 10% applies to technical service fees; 15% applies to licence fees.

(z) The lower rate applies for the use of industrial, commercial or scientific equipments or transfer via satellite, cable, optic fibre or similar technology; the higher rate applies in every other case. (See also the partnerís commitment in the Final Protocol of the treaties)

(aa) No withholding tax on paid dividend after 31.12.2005.