eu
Britain questions Canadian tax incentives for game industry
Canada has become a haven for European game developers who are looking for a tax reprieve. The tax incentives being offered to game developers in Canada have ensured that the country gets a bigger chunk of the burgeoning videogame business while countries like Britain and France watch the exodus of game developers. Britain has decided that its time to take the war to Canada. And, no, Britain is not going to offer greater relaxation in taxes to the videogame industry, but it will challenge the very legality of the tax incentives on offer in Canada.
The UK Ministry of Culture, Media and Sport has convinced the European Commission to launch an inquest into Canada’s trade practices…
French video game developers elligible for tax breaks
The Associated Press has reported that European Union regulators have given the go-ahead to a proposed tax break for game developers in France. Developers can enjoy the tax break for any game that has any cultural content. The tax break can be seen as an incentive for developers to create games rich in culture. This more »
EU creates €1.5 million games development fund
The European Union (EU) has come to the aid of European game developers by announcing a new fund of €1.5 million to aid games development in Europe. Any game developer can now apply for grants under this fund, if that developer has successfully developed one game product since January 1, 2005.
In addition, this fund would be available to developers for game development projects across the PC, console and handheld game platforms. New game developers can receive grants worth a handy €100,000, but for projects that are under development the grants range from …















