Hungary Tax incentive Raised To 30% For Film Production

“Hungary has raised its production tax incentive from 25% to 30%.

The country has hosted numerous major international productions in recent years, including Fox’s Red Sparrow, Lionsgate’s Robin Hood, Sony’s Blade Runner 2049 and Will Smith thriller Gemini Man directed by Ang Lee. Independent films include Wash Westmoreland’s Colette, starrnig Keira Knightley.

The Hungarian National Film Fund submitted the raise to the European Commission who approved the scheme” says Orlando Parfitt.

Read more on Screen Daily about Hungary’s tax incentive

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