What is the interest withholding rate between Denmark and Hungary?
The Denmark-Hungary tax treaty reduces the withholding rate on interest payments to 0%. This means interest paid between residents of these two countries is exempt from withholding tax at source. This is particularly beneficial for cross-border debt financing and bank deposits. The 0% rate still requires proper documentation — it does not apply automatically. Interest is fully exempt — Denmark has 17 such treaties in its network.
Network Comparison
Denmark
Rank 8 of 36 active treaties (lowest rate = #1)
Lower rates with: Finland (0%), France (0%), United Kingdom (0%)
Higher rates with: Ireland (0%), Luxembourg (0%), Netherlands (0%)
Hungary
Rank 6 of 31 active treaties (lowest rate = #1)
Lower rates with: China (0%), Cyprus (0%), Germany (0%)
Higher rates with: Spain (0%), Finland (0%), France (0%)