FILM & TELEVISION CORPORATE ACCOUNTING & TAX COMPLIANCE SERVICES
TOTAL ACCOUNTED PRODUCTION SPENDS
ACHIEVED HUNGARIAN TAX REBATE
MANAGED FOREIGN REMUNERATION
› CORPORATE ACCOUNTING
In Hungary, it is not enough to have a battalion of the usual production accountants, cashiers, and clerks that we all expect to see in the production office. There is a significant amount of back-office accounting required for the VAT returns, monthly corporate tax filings, and rebate administration to flow smoothly, and for all legal obligations of the company to be met.
• KEY SERVICES
- Filing monthly VAT Returns
- Calculation of corporate income tax, local business tax, taxes payable, and requisite tax returns
- Audit support/compliance
- Support of rebate applications
- All via general ledger bookkeeping of AR, AP, cash, salaries, and related costs and contributions
› TAX ADVISORY
Many tax-related issues arise for individual cast and crew during production. IMPORTANTLY, Proper taxation of foreign cast/crew is a required component to make foreign cast/ crew 50% rebate eligible, and for receiving the cash rebate.
• KEY SERVICES
Review of foreign cast/crew contracts for advantageous structure
- Tax compliance and taxation of foreign cast and crew
- Gathering, tracking, and processing relevant individual information
- Applying for Hungarian tax numbers for each cast and crew member
- Preparation and filing of required authority forms and authorizations for foreign contributors
- Preparation of necessary tax calculations, and providing payment instructions
- Preparation and filing of PIT (personal income tax) returns for the tax authority
- Requesting Hungarian income certificate for individual cast/crew
- Preparation of the paperwork required for the film tax rebate for cast/crew who are 50% rebate eligible
›
WHO WE ARE
AGNES NAGY
Financial Supervisor
Agnes has 20 years experience in the film industry and the finance sector, including all positions in active production accounting, as well as financial supervising. She specialises in overseeing the financial process from start to the closing of the books, on all types of productions from independent documentaries to studio-level feature films, official co-productions, and service jobs.
Ms. Nagy oversees all applications and settlement submissions to National Film Office, and the maximization of VAT reclaims, film rebates, and other supports. She is also in charge of streamlining production accounting, from assembling the teams to enhancing their effectivity.
In 2014, Agnes & her brother Lajos established their own production accounting company – JazzFilm Management Kft, specializing in all financial aspects of film production; production accounting, financial supervision, and rebate audit, etc.
ANNA KALMAR
Head of Corporate Accounting
Anna began her career as the Chief Accountant of Leo Burnett Hungary, becoming acquainted with the advertising industry and commercial film production. In 2004, she established her own corporate accounting company, providing her services for film production, set dressing, and styling companies. As Head of Corporate Accounting of these companies, she has participated in more than 200 commercials, co-productions and service jobs. Her overall services include: invoice preparation, payroll and tax filings, liaison with auditors and the Tax Authority, and preparation of Annual Financial Reports.
JUDIT KASTNER
Tax Compliance Expert
Judit has over 15 years filmmaking experience, including producing and line producing. Over the last 5 years, she has become one of the foremost tax compliance & immigration experts in the country. Administrated tax returns for hundreds of international cast & crew working in Hungary.
AGNES NAGY – Financial Supervisor
Agnes has 20 years experience in the film industry and the finance sector, including all positions in active production accounting, as well as financial supervising. She specialises in overseeing the financial process from start to the closing of the books, on all types of productions from independent documentaries to studio-level feature films, official co-productions, and service jobs.
Ms. Nagy oversees all applications and settlement submissions to National Film Office, and the maximization of VAT reclaims, film rebates, and other supports. She is also in charge of streamlining production accounting, from assembling the teams to enhancing their effectivity.
In 2014, Agnes & her brother Lajos established their own production accounting company – JazzFilm Management Kft, specializing in all financial aspects of film production; production accounting, financial supervision, and rebate audit, etc.
ANNA KALMAR – Head of Corporate Accounting
Anna began her career as the Chief Accountant of Leo Burnett Hungary, becoming acquainted with the advertising industry and commercial film production. In 2004, she established her own corporate accounting company, providing her services for film production, set dressing, and styling companies. As Head of Corporate Accounting of these companies, she has participated in more than 200 commercials, co-productions and service jobs. Her overall services include: invoice preparation, payroll and tax filings, liaison with auditors and the Tax Authority, and preparation of Annual Financial Reports.
JUDIT KASTNER – Tax Compliance Expert
Judit has over 15 years filmmaking experience, including producing and line producing. Over the last 5 years, she has become one of the foremost tax compliance & immigration experts in the country. Administrated tax returns for hundreds of international cast & crew working in Hungary.
FILM & TELEVISION
CORPORATE ACCOUNTING
& TAX COMPLIANCE SERVICES
TOTAL ACCOUNTED PRODUCTION SPENDS
ACHIEVED HUNGARIAN TAX REBATE
MANAGED FOREIGN REMUNERATION
› CORPORATE ACCOUNTING
In Hungary, it is not enough to have a battalion of the usual production accountants, cashiers, and clerks that we all expect to see in the production office. There is a significant amount of back-office accounting required for the VAT returns, monthly corporate tax filings, and rebate administration to flow smoothly, and for all legal obligations of the company to be met.
• KEY SERVICES
- Filing monthly VAT Returns
- Calculation of corporate income tax, local business tax, taxes payable, and requisite tax returns
- Audit support/compliance
- Support of rebate applications
- All via general ledger bookkeeping of AR, AP, cash, salaries, and related costs and contributions
› TAX ADVISORY
Many tax-related issues arise for individual cast and crew during production. IMPORTANTLY, Proper taxation of foreign cast/crew is a required component to make foreign cast/ crew 50% rebate eligible, and for receiving the cash rebate.
• KEY SERVICES
Review of foreign cast/crew contracts for advantageous structure
- Tax compliance and taxation of foreign cast and crew
- Gathering, tracking, and processing relevant individual information
- Applying for Hungarian tax numbers for each cast and crew member
- Preparation and filing of required authority forms and authorizations for foreign contributors
- Preparation of necessary tax calculations, and providing payment instructions
- Preparation and filing of PIT (personal income tax) returns for the tax authority
- Requesting Hungarian income certificate for individual cast/crew
- Preparation of the paperwork required for the film tax rebate for cast/crew who are 50% rebate eligible
›
WHO WE ARE
AGNES NAGY
Financial Supervisor
Agnes has 20 years experience in the film industry and the finance sector, including all positions in active production accounting, as well as financial supervising. She specialises in overseeing the financial process from start to the closing of the books, on all types of productions from independent documentaries to studio-level feature films, official co-productions, and service jobs.
Ms. Nagy oversees all applications and settlement submissions to National Film Office, and the maximization of VAT reclaims, film rebates, and other supports. She is also in charge of streamlining production accounting, from assembling the teams to enhancing their effectivity.
In 2014, Agnes & her brother Lajos established their own production accounting company – JazzFilm Management Kft, specializing in all financial aspects of film production; production accounting, financial supervision, and rebate audit, etc.
ANNA KALMAR
Head of Corporate Accounting
Anna began her career as the Chief Accountant of Leo Burnett Hungary, becoming acquainted with the advertising industry and commercial film production. In 2004, she established her own corporate accounting company, providing her services for film production, set dressing, and styling companies. As Head of Corporate Accounting of these companies, she has participated in more than 200 commercials, co-productions and service jobs. Her overall services include: invoice preparation, payroll and tax filings, liaison with auditors and the Tax Authority, and preparation of Annual Financial Reports.
JUDIT KASTNER
Tax Compliance Expert
Judit has over 15 years filmmaking experience, including producing and line producing. Over the last 5 years, she has become one of the foremost tax compliance & immigration experts in the country. Administrated tax returns for hundreds of international cast & crew working in Hungary.
ÁGI NAGY – Financial Supervisor
Agnes has 20 years experience in the film industry and the finance sector, including all positions in active production accounting, as well as financial supervising. She specialises in overseeing the financial process from start to the closing of the books, on all types of productions from independent documentaries to studio-level feature films, official co-productions, and service jobs.
Ms. Nagy oversees all applications and settlement submissions to National Film Office, and the maximization of VAT reclaims, film rebates, and other supports. She is also in charge of streamlining production accounting, from assembling the teams to enhancing their effectivity.
In 2014, Agnes & her brother Lajos established their own production accounting company – JazzFilm Management Kft, specializing in all financial aspects of film production; production accounting, financial supervision, and rebate audit, etc.
ANNA KALMAR – Head of Corporate Accounting
Anna began her career as the Chief Accountant of Leo Burnett Hungary, becoming acquainted with the advertising industry and commercial film production. In 2004, she established her own corporate accounting company, providing her services for film production, set dressing, and styling companies. As Head of Corporate Accounting of these companies, she has participated in more than 200 commercials, co-productions and service jobs. Her overall services include: invoice preparation, payroll and tax filings, liaison with auditors and the Tax Authority, and preparation of Annual Financial Reports.
JUDIT KASTNER – Tax Compliance Expert
Judit has over 15 years filmmaking experience, including producing and line producing. Over the last 5 years, she has become one of the foremost tax compliance & immigration experts in the country. Administrated tax returns for hundreds of international cast & crew working in Hungary.
