In June 2025, the Hungarian Parliament adopted a bill proposing that the market value of solar and wind power plants be excluded from the base of real estate transfer tax. If adopted, this would reduce the financial burden for investors purchasing land with renewable energy infrastructure.
Previously, the National Tax and Customs Administration (NAV) treated solar and wind installations as part of the land, making their value subject to transfer tax. This especially impacted developers who had built these facilities at their own cost before purchasing the underlying land. The amendment would clarify that only the land’s value, excluding that of the facility, is taxable. This benefits common ownership structures in renewable energy projects, where the land and the facility often have different owners during development.
The exemption would not apply to energy storage units, which remain fully taxable despite the similar land use structure.
By Borbala Maglai, Attorney at Law, KCG Partners Law Firm