TAX SUPPORT PERCENTAGE
WHAT IS COVERED
Films of all genres made for cinema release.
Feature films, series, documentaries, shorts and animations made for television or other distribution platforms.
Films applying for the incentive have to be submitted to a cultural test.
Films must contain European content or cultural values and additional points are granted is EU nationals are either making or financing the movie (point system).
All the direct film production costs are eligible except those excluded by the film law. Other costs are limited by the law (see below).
The producer is free to spend 20% of the budget outside of Hungary without suffering a reduction in the amount in the incentive.
This means that not only the spend made to Hungarian taxpayers will qualify, but also some of the services provided by foreign taxpayers.
Up to 20% of the total production budget.(Consequently 25% of the Hungarian spend will be refunded)