Hungary’s Production Incentive Extended For Six More Years
deadline.comHungary’s 30% tax incentive for film and series productions has been extended for six more years. The announcement was made by the Hungarian film commissioner Csaba Kael at the inaugural Made in Hungary event — a celebration of productions shot in the Central European country — in Los Angeles yesterday.
The incentive will now run until 2030. Hungary has become a popular shooting location for Hollywood productions in recent years thanks to its generous incentive program and experienced production crews.
The incentive offers film and series projects produced in Hungary a 30% rebate based on their expenditure spent in the country.
The scheme is part of the country’s film support program. The financial support is provided as a cash refund post-financing.
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