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NMHH - Se NS i B L e r e gu L A T i o N , S o u N D P ro S P e C T S AdvAntAges for the film industry The responsibilities of NMHH’s regiSTrATioN oF PuBLiC FuND- The National Film office of the National Film office are twofold. iNg AWArDeD WiTHiN THe FiLM NMHH maintains records on First, it maintains databases, iNDuSTry motion pictures eligible for the tax among others, on public funding rebate as well as on Hungarian awarded within the film industry, The State provides various production companies, assesses which helps producers obtain tax incentives for motion picture and approves production spending credits in Hungary. production in Hungary. one such within Hungary and issues funding incentive is that investors can and investment certificates that Secondly, it is also involved in the claim a tax refund of 25% on the entitle their holders to tax rebates. protection of minors by rating films cost of films shot in Hungary. presented in cinemas according to This option is available for the age group. production of Hungarian, foreign a tax refuNd of and co-produced films shot in the territory Hungary. eligibility is subject to strict registration and 25% cost accounting requirements, with unpaid public dues considered as grounds for rejection. caN Be claiMed oN tHe cost of filMs sHot iN BetweeN 2010 aNd HuNgary 2015, aN average of 250 the martian, die hard nmhh register feature aNd and hercules in the televisioN filMs were produced iN HuNgary On an annual average, 250 feature and television flms were pro- eacH year duced between 2010 and 2015, with an annual production costs amounting to approximately HUF 46 billion. Some of the most notable projects included Die Hard 5, an action movie starring Bruce Willis (at HUF 10.4 billion), Hercules, an adventure flm shot in 2013 (at HUF 14.2 billion), as well as The Martian, a sci-f thriller directed by Sir Ridley Scott and starring Matt Damon (at HUF 11.8 billion). 52