"Tartós Befektetési Számla" or Long-term Investment Account is abbreviated as TBSZ. Its most significant advantage is that after 3 or 5 years respectively, the personal income tax burden on investment returns will be reduced to 10% or 0% from the standard 15% - when realizing the yield. If your account was opened after 2024 December 31 your social contribution tax burden will also be reduced to 8% or 0%.
Additional Information
Tax Treatment depends on the individual circumstances of each client and may be subject to change in the future.