Crypto Taxes in Hungary In 2025: Rules, Rates, and Tips

As of now, the global crypto market cap is steadily approaching $3 trillion. With increasing interest in digital assets, more investors are turning to crypto for its privacy, diversification, and other benefits. Hungary, a country in Central Europe, has a flourishing crypto scene, largely due to its favorable tax policies. In this article, we will cover everything you need to know about crypto taxes in Hungary.

What are the crypto taxes in Hungary in 2025?

Hungary is a popular destination for foreign investors, offering a stable economic environment, a location in the heart of Europe, and many investment programs such as the golden visa. Our experts have previously covered various aspects of the Hungarian tax system:

• Taxation in Hungary: Rules And Regulations
• Hungary Corporate Tax Rate: The Lowest in the OECD
• A Hungarian Tax Guide for Expats and Investors

Let’s see what you need to know about crypto taxes in Hungary in 2025!

Crypto taxes for individuals

In Hungary, cryptocurrencies are treated as assets rather than currencies, so their profits are taxable. According to the National Tax and Customs Administration Of Hungary:

“An individual only needs to pay taxes on crypto assets if they exchange them for real monetary value, such as legal tender, or use them to purchase personal property or real estate.”

There are only three situations in which taxes apply after acquiring crypto assets:

• When you exchange them for conventional fiat currency, such as USD or EUR, etc.
• When you use them to purchase personal property, like jewelry, a car, or similar items.
• When you use them to buy real estate, such as an apartment in Budapest.

To determine taxable income, the total revenue from crypto transactions must be reduced by documented expenses related to acquiring the crypto asset. These expenses can include transaction fees, commissions, and mining costs. If your total revenue is greater than your expenses, the difference is considered a capital gain. If your expenses are higher than your revenue, the difference is considered a capital loss.

As an individual, you only have to pay 15% of personal income tax (személyi jövedelem adó, SZJA) on your capital gains. Crypto taxes in Hungary for natural persons are fairly straightforward. But what about businesses? Let’s take a look in the next paragraph.

Crypto taxes for business

Crypto taxes in Hungary can be quite complex for businesses. Companies subject to corporate taxes are required to pay two separate taxes on capital gains from cryptocurrency:

• a 15% personal income tax and
• a 9% corporate tax (the lowest in all OECD countries).

To avoid costly accounting mistakes, it is important to seek the advice of experienced professionals. Our experts at Crystal Worldwide are more than happy to help you find the best solution, whether you are looking to optimize taxes on your cryptocurrency assets or mining activities.

FAQ

Are NFTs taxed like crypto in Hungary?

Yes, NFTs are also subject to the same taxes as other crypto assets, such as Bitcoin or Ethereum.

Can crypto losses offset gains?

Yes, it is possible to offset losses. According to the National Tax and Customs Administration of Hungary:

“The tax adjustment allows for the reduction of the tax payable on income derived from a cryptocurrency transaction by the amount corresponding to the tax content of the transaction’s loss.”

How is mining taxed?

Capital gains from mining are also taxable. Individuals pay a 15% tax, while businesses pay a combined 15% personal income tax and 9% corporate tax. However, mining-related expenses, such as equipment and electricity costs, are deductible.

What are the benefits of crypto taxation in Hungary?

Crypto taxation in Hungary offers significant advantages. With the lowest corporate tax rate among OECD countries, businesses can legally reduce tax expenses and maximize crypto gains.

What is the time limit for offsetting losses?

You can offset losses in the current year and the following two tax years.

Crystal Worldwide Group: guidance for crypto taxation

Crystal Worldwide Group is an international law firm which specializes in residency by investment, tax planning and wealth protection. During our more than thirty years in operation, we have managed to earn the respect and trust of our clients by offering professionally sound and lawful immigration solutions, tax savings and wealth protection, together with fast and timely services provided at the highest level of discretion.

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