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    Saci73's Avatar
    Saci73 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 25, 2014, 05:34 AM
    Tax on money , transferred to Europe?
    I want to purchase a property in Budapest Hungary. I am wondering about the transfer tax on the purchase price ? Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Oct 25, 2014, 06:58 AM
    There are no transfer taxes from the U.S. side of the transaction.There MAy be Hungarian taxes; you need to contact a Hungarian tax expert about that.

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