Lacking Tax Incentives, Tar Heel State Struggles to Lure Devs

April 15, 2010 -

North Carolina, while home to quite a few game developers, does not offer tax incentives to those creating interactive entertainment, which may be costing the state in its attempts to entice more companies to take up residence within its borders.

A piece in the NewsObserver offers this sentiment after attending the recently concluded Triangle Game Conference in Raleigh. State Representative (D) Pryor Gibson (pictured) has previously sponsored bills that would grant 15.0 percent tax breaks to interactive developers, but that legislation “has gone nowhere,” and the outlook for such a bill passing in the future is bleak, due to the state’s “budget crunch.”

Gibson doesn't appear to have given up though, and is said to be working “with fellow legislators on a bill for the coming session that will be attractive to video-game companies looking to expand and that will help retain existing businesses.”

In light of the lack of incentives, companies like developer Funcom, who maintains a customer support center in Durham, North Carolina, recently chose Montreal, Canada as home to a new development studio, unable to resist the lure of tax credits for labor that could reach up to 37.5 percent.

Funcom’s CEO Trond Arne Aas said that such incentives make Quebec, “one of the most cost-effective locations in the world.”

Troy Knight, a Managing Director of the Raleigh-based consulting and recruiting company atVaco, added, “If we don't offer incentives, I think we're going to start losing companies. They're going to look at Canada, Georgia, Texas, because they are offering incentives.”


 
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MechaTama31Goth_Skunk: It's not too late for CiVIlization... ;)01/28/2015 - 12:40am
MechaCrashI thought one of its other big issues was all the "quality" of phone games with all the portability of your television.01/27/2015 - 11:34pm
E. Zachary KnightApparently, people did not want a $100 console, they wanted a $200 one for a $100 price tag.01/27/2015 - 11:18pm
E. Zachary KnightI remember when people were demanding Ouya used the new and untested Tegra 4 processor rather than the tried and true Tegra 3, increase the RAM to 2Gigs and various other expensive addons.01/27/2015 - 11:17pm
ConsterCraig: perhaps I should've used the word "unreasonable", as in people clamoring for stretch goals that would guarantee they lose money on each deck.01/27/2015 - 10:04pm
Andrew EisenIt's my favorite movie. I'm looking forward to it as well.01/27/2015 - 9:16pm
Goth_SkunkI grew up idolizing Ghostbusters. I'm extremely excited to see another film.01/27/2015 - 8:52pm
Goth_SkunkEscapist -- via Hollywood reporter -- gives us a glimpse at the probable cast of the new Ghostbuster's movie: http://ow.ly/I3GyZ01/27/2015 - 8:51pm
Craig R.Nearly $4.2m in a week for Exploding Kittens. Can anything truly be unrealistic at this point?01/27/2015 - 8:50pm
prh99I am sure. Just have no interest in tropes in general or her take on gender portrayal.01/27/2015 - 7:44pm
Goth_SkunkI personally enjoy replacing letters with numbers in titles of movies and games. I think Firaxis missed out on a huge chuckle by calling it "Civilization V" and not "CiVilization."01/27/2015 - 7:20pm
Andrew EisenI bet I can guess how you voted!01/27/2015 - 7:02pm
prh99Never actually watched one, probably won't start.01/27/2015 - 6:15pm
E. Zachary KnightConster, when are unrealistic stretch goal demands anything new? They happen in every Kickstarter I have seen.01/27/2015 - 5:58pm
E. Zachary KnightAE: You forgot the "The video that conforms to my preconceived ideas about gender in games" option.01/27/2015 - 5:56pm
PHX Corp@Conster ok, randomly put 5 golden tickets into the boxes and anyone who gets a golden ticket gets to go and visit Willy Wonka's chocolate factory!, is a ultra-ridiculous stretch goal suggested by a backer01/27/2015 - 5:53pm
ConsterApparently they're unaware that unlike with video games, card games have a large constant factor in cost-per-unit.01/27/2015 - 5:24pm
ConsterIn other news, Exploding Kittens (https://www.kickstarter.com/projects/elanlee/exploding-kittens) has over 100k backers now, a few of which are calling for unrealistic stretch goals.01/27/2015 - 5:23pm
ConsterIt's cool in Numb3rs, but not really anywhere else.01/27/2015 - 5:20pm
james_fudgeI hate that style of naming too01/27/2015 - 4:34pm
 

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