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French Development Tax Breaks Approved

French Development Tax Breaks Approved

Thu, 13 December 2007
by: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it | source: Gamasutra | thanks: Canadian envy

As long as games have cultural value

Some French culture
Government support for the games industry is a hot topic in Australia at the moment, but it's also a big issue in many other countries. The European Commission has approved a plan to offer up to a 20 percent tax credit to game developers in France.

It still falls short of the 37.5 percent credit offered in Canada, but it's not to be sneezed at. There is one proviso:

The French proposal offers companies a tax credit worth up to 20 percent of the cost of producing a video game, providing that it is an adaptation of an existing work of European origin or that it passed a government test of quality, originality and contribution to the expression of "European cultural diversity and creativity".

- Gamasutra

British industry group TIGA believes that more than half the games made in Europe in 2007 would have qualified, though, so it's a generous condition. TIGA is also urging the British government to follow suit and offer its own tax breaks, lest it start losing developers to Canada.

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