Magazine article Screen International

Hungary Tax Incentive Raised to 30% for Film Production

Magazine article Screen International

Hungary Tax Incentive Raised to 30% for Film Production

Article excerpt

AfBudapest is the second most popular location, behind London, to shoot films in Europe.

Ryan Gosling in ‘Blade Runner 2049’

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. …

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