The Texas Film Industry Doesn't Want To Share Tax Incentives With Video Game Makers

March 9, 2015 - GamePolitics Staff

The film industry of Texas wants the video games industry to get its own tax credits, according to a report in the Texas Tribune. Currently both the video games and film industries in the state share funds from the same pool - a fact that advocates for the film industry want to change. Advocates from the film industry in the state are asking the state legislature to create a separate fund for the video games industry as part of this year's budget.

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B.C. Government Extends Video Game Tax Credit

February 18, 2015 - GamePolitics Staff

The government of British Columbia has reauthorized a tax credit for video game companies that was set to expire in September of this year. The tax credit, which has been extended to 2018, gives video game companies situated in British Columbia a 17.5 percent tax credit on labor costs related to video game production.

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Sens. Wyden and Thune Reintroduce Bill to Permanently Block Taxes on Internet Access

February 10, 2015 - GamePolitics Staff

United States Senators Ron Wyden (D-Ore.) and John Thune (R-S.D.) today reintroduced the bipartisan Internet Tax Freedom Forever Act. The U.S. House of Representatives passed a companion measure by voice vote last Congress. Sen. Wyden is the top Democrat on the Senate Finance Committee, while Sen. Thune is chairman of the Commerce, Science, and Transportation Committee and member of the tax-writing Senate Finance Committee.

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New York State Senator Working on More Incentives for Video Games Industry

January 30, 2015 - GamePolitics Staff

A top New York State Senator admits that lawmakers are not doing enough to attract the video game and tech industries to the Empire State, but will make it his top priority in 2015. New York State Senator Martin Golden (R-Brooklyn) believes other states and parts of Canada are beating New York State in attracting gaming and biotech companies.

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Nintendo No Longer Selling Games in Brazil

January 12, 2015 - GamePolitics Staff

Nintendo says that it will no longer sell games and game systems in Brazil because the tariffs on this sector are just too high. While Nintendo says the departure from the market is temporary, the company did not indicate if and when it would return. In an interview with UOL Games, Bill Van Zyll, Nintendo of America's director and general manager for Latin America, said the following:

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Congress Likely To Revisit 'The Marketplace Fairness Act' in 2015

January 5, 2015 - GamePolitics Staff

In this interesting article on 2015 tax policy plans for lawmakers, Politico highlights one tax issue that all of us should pay attention to: Internet sales tax. The bill that passed the Senate last year (The Marketplace Fairness Act) but floundered in the House because some lawmakers didn't like many of its provisions, may get a resurrection of sorts this year.

Space Rhino Games is First Company To Get Puerto Rico's Game Development Tax Incentive

December 18, 2014 - GamePolitics Staff

Puerto Rico has implemented a tax incentive plan which gives a 40 percent tax credit on salaries and production costs on projects with budgets of $100,000 or higher, and the first company to take advantage of it is Juan-based Space Rhino Games. The company is currently hard at work on Breach TD, a tower defense game that was funded by a successful Kickstarter campaign in June.

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Tiga: Video Games Should Officially Be Recognized As Art

December 12, 2014 - GamePolitics Staff

UK video games industry trade body Tiga says that games should officially be recognized as art. Speaking to BBC's Newsbeat program, Tiga CEO Dr. Richard Wilson said that video games should officially be classified as cultural products on the same level as Television, film, animation, etc.

Thirteen Games Selected for UK Tax Relief Program

November 26, 2014 - GamePolitics Staff

The British Film Institute, which awards certificates for tax credits from the British government, has selected 13 projects - two of which are being kept secret - which passed the cultural test and will get tax relief.

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ESA Report Highlights The Health of the Video Games Industry in Texas

November 11, 2014 - GamePolitics Staff

A new report released by the Entertainment Software Association (the trade group representing the interactive entertainment industry in the United States), details the healthy state of the computer and video game industry in Texas, which it says grew by nearly 16 percent from 2009 to 2012.

The ESA report also revealed that the video games industry added $764 million to the state's economy and the number of video game-related companies doing business in Texas grew from 80 in 2009 to 127 in 2012.

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Hungarian Citizens Protest Proposed Internet Tax

October 29, 2014 - GamePolitics Staff

According to this BBC report, "tens of thousands" of Hungarian citizens have taken to the streets of Budapest to protest a proposed tax aimed at consumers who use the Internet. The BBC is calling it the "biggest anti-government demonstration" in years. Smaller rallies were held in other Hungarian cities as well.

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TIGA Proposes Tax Relief Scheme For Training

October 27, 2014 - GamePolitics Staff

Video game industry trade group TIGA has called on the British government to greenlight tax relief that can be put towards helping small business - including video game studios - train their employees in important technical and productivity skills.

These tax breaks would be open to small to medium-sized businesses and would allow them to offset expenditures on employee training, continuous professional development and education outreach activities against corporation tax.

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Sen. Coburn's 2014 Wastebook Attempts to Shame Tax-Payer Funded Games and Research

October 22, 2014 - GamePolitics Staff

Senator Tom Coburn's 2014 Wastebook report is out, detailing all the tax payer-funded programs that the Republican Senator from Oklahoma thinks are wasteful or pork barrel spending. While he offers plenty of red meat for fiscally conservative types, we are really only interested in what game related items made the cut this year.

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TIGA Calls for $4.9 Million in Annual Government-Backed Funding for UK Game Developers

September 12, 2014 - GamePolitics Staff

UK video game trade body TIGA has put forth a proposal calling on the British government to create a new Creative Content Fund for video games to the tune of £3 million ($4.9 million) annually. Last month the British government finalized tax breaks for video game production cost to companies that create games that can pass a British cultural test. Naturally TIGA was delighted with this news, after fighting several years to get them on behalf of the shrinking video game industry, but now the trade group wants more.

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Tax Credits Available for 'Culturally British' Video Games in the UK

August 20, 2014 - GamePolitics Staff

Developers of video games that are deemed "culturally British" can claim tax relief on some of the production costs in the United Kingdom thanks to a new tax relief scheme that officially went into effect in the region yesterday.

Under the newly implemented plan, game developers and publishers can claim a tax credit of up to 25 percent on qualifying production costs associated with producing games that are certified by the BFI as culturally British.

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Trade Group: Elimination of Quebec Tax Credits Could Cause Game Developers To Go Elsewhere

June 24, 2014 - GamePolitics Staff

Martin Carrier, head of the Canadian video game lobby group Alliance Numérique, says that cuts to tax credits and incentives for the video games industry in Quebec will likely drive companies away from the region to Ontario, The United States, or even Europe.

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Are Tax Breaks For Game Developers Economically Sound?

May 13, 2014 - E. Zachary Knight

Throughout the US and around the world, game developers are fighting for tax incentives and breaks similar to those offered to other creative industries such as the movie industry. Many groups such as TIGA in the UK make the claim that such tax breaks are needed in order to compete with other nations for game development talent, competition created in part by the tax breaks and incentives offered in those competing nations.

While these fights for increased tax breaks rage on, one question seems to remain unasked. Are these tax incentives worth the trouble?

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TIGA to Run Games Tax Relief Tour in May

April 23, 2014 - GamePolitics Staff

TIGA, the trade group that represents the video games industry in the UK, announced that it will facilitate a series of events around the country to help developers understand the importance of the new Games Tax Relief recently approved by the government. The tour will start in Oxford, England sometime in May, and all of the events will be free for developers to attend. These events will feature input from UK industry veterans as well.

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Video Game Store Owner Pleads Guilty to Tax Evasion, Faces Five Years in Prison

April 2, 2014 - GamePolitics Staff

With it being tax season, what better story is there than a cautionary tale on what happens when you actively try to avoid paying taxes? According to news channel ABC 6, 49-year-old Lisa L. Harper (formerly) from Dublin, Ohio, has pled guilty to one count of committing income tax evasion with the Internal Revenue Service for the 2008 income tax year.

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IRS to Regulate Bitcoin as Property

April 2, 2014 - Dan Rosenthal

The U.S. Internal Revenue Service announced last week that it will treat Bitcoin as a form of property for taxation purposes, in what is one of the first major U.S. regulations of the virtual cryptocurrency.

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UK MP Ed Vaizey Calls on Video Games Industry to Spend Tax Incentives on Hiring Youngsters in the UK

March 31, 2014 - GamePolitics Staff

The UK Minister for Culture, Communications and Creative Industries said that, now that the UK video games industry is confirmed to get tax relief, he wants the sector to focus on bringing more youngsters into the business, as opposed to spending that money on hiring from outside the region. Last week the European Parliament gave the greenlight to the scheme, much to the delight of the industry in the UK and the members of parliament that have long supported giving tax incentives to the sector.

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No Video Game Industry Tax Relief in 2014 UK Budget

March 19, 2014 - GamePolitics Staff

The 2014 budget has been passed in the United Kingdom, but once again this year tax relief for the video games industry in the region were not included. UKIE CEO Jo Twist described the ongoing struggle to get tax relief included in the budget "frustrating." The campaign for tax relief similar to what is enjoyed by the film and TV industries has been going on for years, but there were high hopes from the sector and the trade groups representing it in the UK that it would happen this year.

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National Governors Association Reiterates Support for the Marketplace Fairness Action in 2014

March 12, 2014 - GamePolitics Staff

With the House Judiciary Committee set to hold a hearing on "Exploring Alternative Solutions to the Internet Sales Tax Issue" soon, the National Governors Association (NGA) today released a statement reiterated its strong support for the passage of the Marketplace Fairness Act.

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ESA Honors Texas Governor Rick Perry for Supporting The Video Games Industry

March 11, 2014 - GamePolitics Staff

The Entertainment Software Association (ESA) today presented Texas Gov. Rick Perry (and former Republican presidential candidate) an award for his efforts to create jobs, provide tax incentives and generally foster the growth of the computer and video game industry in the state. ESA president and CEO Michael D. Gallagher presented the award to the Governor and praised him for his "longstanding support for the industry" during an award ceremony at the historic Governor’s Mansion.

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Retail Industry Leaders Association to Push for Data Privacy Online Taxes in D.C. This Year

February 10, 2014 - GamePolitics Staff

Retail Industry Leaders Association (RILA) said in a new report that it would push hard for the passage of an national Internet sales tax law and for better data privacy regulations this year. In its annual policy agenda, the trade group highlighted the issues it deemed to be of grave importance this year. A federal law to deal with online sales tax is at the top of the list. The group, which represents traditional retailers, believes that having a national sales tax collection law will levy the playing field so that online-only retailers don't have an advantage.

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Report: Japan to Tax Digital Goods from Foreign Sources in 2015

January 15, 2014 - GamePolitics Staff

If you live in Japan you already know that the government taxes games (and other physical goods) with a consumption tax that are imported from outside the country, but that tax will soon be applied to digital purchases as well, according to this Kotaku report.

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France Reforms Tax Breaks for the Video Games Industry

December 13, 2013 - GamePolitics Staff

According to a brief report in Tax News the French government is pushing to reform the country's video games tax credit (known as the CIJV). French Culture Minister Aurélie Filippetti, Budget Minister Bernard Cazeneuve, and Innovation Minister Fleur Pellerin, have all embraced the French National Assembly's adoption of plans to reform the country's video games tax credit (CIJV).

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High Voltage Software Seeks Tax Incentives Amidst Illinois Legislature Pension Shortfall Fight

November 5, 2013 - GamePolitics Staff

Buried in a story about a number of companies seeking incentives from the Illinois state legislature being held up by a veto by Governor Pat Quinn over a lack of pension reform, High Voltage Software's name popped up. Apparently Fred Crespo, a Hoffman Estates (a northwestern suburb of Chicago) Democrat, is pushing incentives legislation for the company, which is headquartered in his district.

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House GOP Takes Steps Towards Internet Sales Tax

September 16, 2013 - GamePolitics Staff

Despite opposition from fellow House members and a majority of constituents, some Republican lawmakers are pushing forward with Internet tax proposals as part of a comprehensive package on the topic similar to the Senate's Marketplace Fairness Act.

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Poll: 'Likely Voters' Do Not Like the Marketplace Fairness Act

September 13, 2013 - James Fudge

From the "we-could-have-told-you-that-without-a-poll department" comes this story from Politico about the public's opposition to Internet taxes. The polls - conducted for two separate conservative groups - found that most voters oppose federal Internet sales tax legislation and suggested that lawmakers who voted for it could face serious challenges in the 2014 mid-term elections.

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Matthew WilsonUC berkeley won, and they 3 years of free tuition for winning.04/26/2015 - 11:26pm
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Matthew Wilsonhttp://www.destructoid.com/director-del-toro-says-silent-hi… Can not say I am surprised sadly. I feel bad for del Toro because every time he tries to do a video game project it falls apart.04/26/2015 - 1:42pm
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Matthew Wilson@matt I am sure there will never be a armored core game04/25/2015 - 5:24pm
Mattsworknameof From softwares recent games, bloodborne is the best work they have done yet, though they really need to get to work on armored core 604/25/2015 - 5:10pm
Matthew WilsonLost Kingdoms came out in 2002 this day. I played that game. I did not relize it was made by From Software. Lost Kingdoms was a good unique hard game.04/25/2015 - 4:56pm
MattsworknameOff topic, but, who heres playing Bloodborne, and if so, is it mercillesly murdering you every chance it gets?04/25/2015 - 7:35am
Matthew WilsonI think its a good article, and devs can take some lessons from life is strange.04/24/2015 - 10:24pm
Andrew EisenI tinyURL'd it. The world is safe!04/24/2015 - 10:23pm
Matthew Wilson@AE my bad there is nothing I can do about that.04/24/2015 - 10:21pm
Andrew EisenLooks like the spoiler is right there in the URL.04/24/2015 - 10:20pm
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MechaCrashWas she saying "I haven't experienced it," or "I haven't experienced it therefore it does not exist"?04/24/2015 - 8:31pm
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Andrew EisenWell, that is indeed crappy and nonsensical.04/24/2015 - 3:45pm
 

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