How are pensions taxed under the Greece-Hungary tax treaty?
Under the Greece-Hungary tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Greece's 29 active treaty partners, and 0% across Hungary's 31 active partners.
Network Comparison
Greece
Rank 16 of 29 active treaties (lowest rate = #1)
Lower rates with: Finland (0%), France (0%), United Kingdom (0%)
Higher rates with: Ireland (0%), Israel (0%), India (0%)
Hungary
Rank 15 of 31 active treaties (lowest rate = #1)
Lower rates with: Finland (0%), France (0%), United Kingdom (0%)
Higher rates with: Ireland (0%), Israel (0%), India (0%)