NC Wants in on the Game
The state plans to offer tax breaks to game companies.
by Daemon Hatfield
May 30, 2006 - In a time when states are trying to regulate video games left and right, you may be surprised to find out some states are actually offering tax breaks for game companies to set up shop within their borders.
North Carolina is the latest state attempting to woo developers with tax credits. Rep. Pryor Gibson (Dem.) recently introduced H2157, which would provide eligible firms a 15% break on their taxes just for making games. 'Eligible' means companies who aren't developing games with obscene content. (States all over the country have been trying to enact legislation which would classify games with sexual content as 'obscene.')
North Carolina is already home to Epic Games (Gears of War, Unreal) and Virtual Heroes (America's Army).
Earlier this year, Wisconsin proposed a similar tax break, while Georgia and the Canadian province of Ontario passed their game company subsidies.
This sort of legislation points to a strange dichotomy as governments shun videogames for their sexual and violent content with one hand, while trying to grab a piece of the booming industry (i.e. MONEY) with the other.
The state plans to offer tax breaks to game companies.
by Daemon Hatfield
May 30, 2006 - In a time when states are trying to regulate video games left and right, you may be surprised to find out some states are actually offering tax breaks for game companies to set up shop within their borders.
North Carolina is the latest state attempting to woo developers with tax credits. Rep. Pryor Gibson (Dem.) recently introduced H2157, which would provide eligible firms a 15% break on their taxes just for making games. 'Eligible' means companies who aren't developing games with obscene content. (States all over the country have been trying to enact legislation which would classify games with sexual content as 'obscene.')
North Carolina is already home to Epic Games (Gears of War, Unreal) and Virtual Heroes (America's Army).
Earlier this year, Wisconsin proposed a similar tax break, while Georgia and the Canadian province of Ontario passed their game company subsidies.
This sort of legislation points to a strange dichotomy as governments shun videogames for their sexual and violent content with one hand, while trying to grab a piece of the booming industry (i.e. MONEY) with the other.
