Hungary's Remarkable Decision: Lifetime Tax Exemption for Mothers with 2 or More Children

hungary - Hungarian Prime Minister Viktor Orban announces lifetime income tax exemption for mothers with 2 or 3 children as part of Europe's most comprehensive tax reduction program.

Prime Minister Viktor Orban Announces Tax Exemption for Mothers

Hungary's Prime Minister Viktor Orban revealed plans to implement Europe's most extensive tax reduction program, including lifetime income tax exemption for mothers with 2 or 3 children. Orban stated, 'This is what I call a breakthrough. We are introducing full, lifetime income tax exemption for mothers with 2 and 3 children.' The regulation will come into effect in October 2025 for mothers of 3 children and in January 2026 for mothers of 2 children.