ARTICLE 2
Taxes Covered
(1) This Agreement shall apply to taxes on income and on capital imposed on behalf of a Contracting State, of a Land or a political subdivision or local authority thereof, irrespective of the manner in which they are levied.
(2) There shall be regarded as taxes on income and on capital all taxes imposed on total income, on total capital, or on elements of income or of capital, including taxes on gains from the alienation of movable or immovable property, taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation.
(3) The existing taxes to which this Agreement shall apply are:
- (a) in the Federal Republic of Germany:
- (i) the income tax; (Einkommensteuer),
- (ii) the corporation tax; (Körperschaftsteuer),
- (iii) the trade tax; (Gewerbesteuer),
- (iv) the capital tax; (Vermögensteuer) and
- (v) the land tax; (Grundsteuer)
- including the supplements levied thereon;
- (hereinafter referred to as "German tax");
- (b) in the Republic of Hungary:
- (i) the personal income tax; (személyi jövedelemadó),
- (ii) the corporate tax; (társasági adó),
- (iii) the land parcel tax; (telekadó) and
- (iv) the building tax; (építményadó)
- including the supplements levied thereon;
- (hereinafter referred to as "Hungarian tax").
(4) The Agreement shall apply also to any identical or substantially similar taxes that are imposed after the date of signature of the Agreement in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall notify each other of any significant changes that have been made in their respective taxation laws.