Irish Culture Minister Considering Game Development Tax Breaks

June 8, 2011 -

The Irish government is seriously considering bringing tax breaks to the video game industry in the country, and UK industry trade group Tiga is obviously pleased. Irish Culture Minister Jimmy Deenihan spoke of the video game sector in Ireland as “an enormous global industry with great potential and benefit for job creation" during discussions in the Oireachtas, the Irish National Parliament. A development tax credit would certainly create jobs, which is important no matter what you believe about games.

The conversation among Irish government leaders is also getting praise from Tiga:

“The Irish Government could be the next in a growing list of Governments around the world supporting the video games industry through a tax relief. This news should encourage the UK Coalition Government to review the case for a tax break for the UK games industry,” said Tiga CEO Richard Wilson. "The video game development sector provides high skilled employment in a high technology, export oriented industry."

Hopefully Ireland will be the next country to support the game industry with tax incentives that should help to create new products and jobs, and generally spur growth in the sector.

Source: Develop


 
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