Report: Zynga Seeking Tax Incentives from San Francisco

According to a Market Watch report, Farmville maker Zynga is seeking a tax break from the city of San Francisco to keep its offices open there. The social game developer said that it is "encouraged" by ongoing negotiations with local government over the future of its San Francisco headquarters. Market Watch claims that Zynga recently threatened to leave the city if it did not receive tax exemptions similar to those recently given to Twitter.

A spokesperson for the company admitted to GameIndustry.biz that it is engaged in "serious discussions" with city officials, though it declined to comment further.

Zynga moved into its current location in September of last year and has space for around 2000 employees at the site, according to GI.biz.

Source: GI.biz, Market Watch

Tweet about this on TwitterShare on FacebookShare on Google+Share on RedditEmail this to someone

Comments are closed.