Leo Barraclough International Features Editor Hungary’s 30% tax incentive for film and TV, which has helped attract recent Hollywood shoots like “Dune: Part Two,” “Maria” and “The Brutalist” to the country, has been extended by six years.
Hungary, continental Europe’s biggest production hub, has attracted direct annual production spend totalling $910 million, a fourfold increase in the last five years.
The extension of the tax incentive was revealed on Monday in Los Angeles by government commissioner for the development of the Hungarian film industry, Csaba Kael, who was in the city to reveal the winners of Hungarian Film Institute’s inaugural awards for Best International Production Filmed in Hungary.
Originally launched in 2004, the Hungarian film support scheme has contributed to such Hollywood films as “Hellboy II: The Golden Army,” “A Good Day to Die Hard,” “The Martian” and “Terminator: Dark Fate.” Other international productions to have filmed in Hungary include “Poor Things,” Ridley Scott’s “Alien: Romulus,” “Dune: Prophecy,” “The Day of the Jackal,” “FBI: International” and “NCIS.” “2024 marks a significant milestone, the 20th anniversary of the Hungarian film support scheme that has not only transformed our film industry but has also elevated Hungary’s global presence and recognition,” Kael said. “Over the past few years films made in Hungary have consistently been nominated for and honored with the most prestigious awards, including the Oscars and the BAFTAs. ‘Dune,’ ‘Poor Things,’ ‘The Brutalist’ and ‘Maria’ were all crafted at Hungarian locations, with Hungarian pros and talents.” The Hungarian film support scheme was set to expire at the end of this year.
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