Massachusetts Bill Flirts With Video Game Tax Breaks

May 4, 2011 -

Developers could get a decent 25 percent tax credit on production cost if their products bear a "Made in Massachusetts" logo. According to data provided to Develop by a tax specialist firm, any developer making less $1 million would be eligible for the 35 percent payroll credit. The savings would not be transferred to individuals, but to studio accounts. In other words, if the bill were to be passed, Massachusetts studios could attract better talent with bigger wages.

The information comes from a new Develop feature that taps two executives from specialty tax services provider Alliantgroup, who details the benefits of the bill. Alliantgroup managing director Dean Zerbe and senior associate Angelique Garcia said that the proposed tax breaks for video game studios would turn Massachusetts into a "safe haven" for games studios.

The Massachusetts bill was put forward in April this year, but (thus far) no decision has been made by lawmakers. If enacted, Massachusetts would join several states that offer tax breaks to game developer tax breaks. Those states include Alabama, Arkansas, Connecticut, Florida, Georgia, Hawaii, Kentucky, Maine, New Mexico, North Carolina, Ohio, Rhode Island, Texas, Virginia and Wisconsin.

Massachusetts already offers tax breaks for film production.

Source: Develop


 
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Andrew EisenAdam McKay directed cartoon about income inequality. https://screen.yahoo.com/we-the-economy/inequality-1-unbelievable-sweet-alpacas-175411663.html10/21/2014 - 8:54pm
prh99Bit.ly Maintainance here is the original http://arstechnica.com/business/2014/10/after-gamergate-tweet-adobe-distances-itself-from-gawker-bullying/10/21/2014 - 8:39pm
prh99Adobe calls out Gawker for GG bullying and backpedals...sort of. http://bit.ly/1pyM4Yg10/21/2014 - 8:35pm
Neo_DrKefkaThanks James. Means a lot.10/21/2014 - 7:24pm
prh99Nothing that hasn't been said.10/21/2014 - 6:52pm
Andrew EisenHaven't read it yet. I'm sharing this because I love the header image. http://nymag.com/scienceofus/2014/10/gamergate-should-stop-lying-to-itself.html10/21/2014 - 3:39pm
james_fudgeYou are one of us, you're a GPer, not a GGer :)10/21/2014 - 2:27pm
james_fudgeNeo_DrKefka: half of them don't know who that is, so no worries :)10/21/2014 - 2:27pm
Andrew EisenUpdate to the Paranautical Activity story. Dev leaves the studio. http://codeavarice.com/post/100592709238/mike-is-leaving-code-avarice10/21/2014 - 1:52pm
quiknkoldI'm sure you are, Andrew10/21/2014 - 1:44pm
Andrew EisenNintendo announced the Link amiibo is compatible with Hyrule Warriors. No idea how Nintendo expects anyone to give a toss if it don't tell us what it does. Then again, maybe I'm just being curmudgeonly.10/21/2014 - 1:25pm
Neo_DrKefkaSo Gamergate compared me to leftist Saul Alnsky....ME off all the people10/21/2014 - 1:16pm
IanCWell.... quite.10/21/2014 - 1:10pm
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IanCI have 3 of the Disney Infinity figures even though i don't have the game (Rapunzel from Tangled, and Anna & Elsa from Frozen, purely because its the only way to get figures from those two films)10/21/2014 - 12:23pm
Andrew EisenGlad you said "Pokemon." That's the first time I've seen anyone use that abbreviation.10/21/2014 - 12:14pm
MaskedPixelanteGot my demo key for ORAS, hope I get some awesome Pokemon to bring over.10/21/2014 - 12:08pm
E. Zachary KnightNot owning a WiiU helps too.10/21/2014 - 11:39am
E. Zachary KnightI have avoided Skylanders and Disney Infinity so far, so I don't see how Amiibos will get me in their grasp.10/21/2014 - 11:39am
Andrew EisenYes, GamerGate has a lot of fair-weather friends.10/21/2014 - 11:25am
 

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