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Game Developers double team Government for tax breaks
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Game Developers double team Government for tax breaks | Game Developers double team Government for tax breaks |
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| by Mike Bantick | |
| Wednesday, 23 April 2008 | |
The Game Developers' Association of Australia (GDAA) is teaming up with their equivalents in Europe Tiga, to increase the calibre of the push for Federal government tax breaks in the industry.Featured Whitepaper
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“Australian and UK game developers can compete successfully against game developers across the globe when market conditions are fair. However, the scales are increasingly tipped against them when the governments of other countries, especially Canada, heavily subsidise their game developers”, said Bondar and Wilson. “With 300+ companies involved in the video game industry in Canada, some 56% are now developing proprietary technology due to the funding initiatives of the Canadian government”, it was pointed out by Bondar. Tiga will assist the GDAA push for tax rebates by augmenting the argument with benefits that will flow on to the local economy and industry from such a restructure of the current situation. Further details of the benefits and the GDAA’s push for a tax rebate can be found here . |
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