Hungary proposes wealth tax from 2027: 36 BTC is enough to qualify
- —Tax rate is 1% on wealth above 1 billion forints and 1.5% above 100 billion forints
- —The 1 billion forint threshold equals about 36 BTC or 1,170 ETH
- —Crypto holdings would be valued at year-end quantity and closing price
- —Only those with 1 billion forints per person must file, first due by Aug 31, 2027
Why it matters: Hungary could become one of the first EU states to explicitly tax crypto under a wealth levy, creating a risk of BTC and ETH sales to cover tax bills.
Source: BitcoinBázis
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