Videogame Tax Credit Incentives

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The efficacy of tax credits for the videogame industry, has been the subject of a variety of coverage recently:

• No Go for UK Tax Breaks for Video Games Industry (includes details on why the UK government has thus far declined to introduce credit incentives for the industry)

• notwithstanding the foregoing, "Hollywood" continues lobbying efforts with the UK government - Hollywood Lobbying UK Government Over Gaming Tax Breaks

• the State of Michigan has also made moves towards eliminating its videogame tax credits - Michigan Gov. Seeks to Scale Back Game Incentives - Do Tax Credit Plans Work?

Please see article below for further information.

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Published In: Art, Entertainment & Sports Updates, Science, Computers & Technology Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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