Video Game Store Owner Pleads Guilty to Tax Evasion, Faces Five Years in Prison

April 2, 2014 - GamePolitics Staff

With it being tax season, what better story is there than a cautionary tale on what happens when you actively try to avoid paying taxes? According to news channel ABC 6, 49-year-old Lisa L. Harper (formerly) from Dublin, Ohio, has pled guilty to one count of committing income tax evasion with the Internal Revenue Service for the 2008 income tax year.

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IRS to Regulate Bitcoin as Property

April 2, 2014 - Dan Rosenthal

The U.S. Internal Revenue Service announced last week that it will treat Bitcoin as a form of property for taxation purposes, in what is one of the first major U.S. regulations of the virtual cryptocurrency.

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UK MP Ed Vaizey Calls on Video Games Industry to Spend Tax Incentives on Hiring Youngsters in the UK

March 31, 2014 - GamePolitics Staff

The UK Minister for Culture, Communications and Creative Industries said that, now that the UK video games industry is confirmed to get tax relief, he wants the sector to focus on bringing more youngsters into the business, as opposed to spending that money on hiring from outside the region. Last week the European Parliament gave the greenlight to the scheme, much to the delight of the industry in the UK and the members of parliament that have long supported giving tax incentives to the sector.

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No Video Game Industry Tax Relief in 2014 UK Budget

March 19, 2014 - GamePolitics Staff

The 2014 budget has been passed in the United Kingdom, but once again this year tax relief for the video games industry in the region were not included. UKIE CEO Jo Twist described the ongoing struggle to get tax relief included in the budget "frustrating." The campaign for tax relief similar to what is enjoyed by the film and TV industries has been going on for years, but there were high hopes from the sector and the trade groups representing it in the UK that it would happen this year.

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National Governors Association Reiterates Support for the Marketplace Fairness Action in 2014

March 12, 2014 - GamePolitics Staff

With the House Judiciary Committee set to hold a hearing on "Exploring Alternative Solutions to the Internet Sales Tax Issue" soon, the National Governors Association (NGA) today released a statement reiterated its strong support for the passage of the Marketplace Fairness Act.

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ESA Honors Texas Governor Rick Perry for Supporting The Video Games Industry

March 11, 2014 - GamePolitics Staff

The Entertainment Software Association (ESA) today presented Texas Gov. Rick Perry (and former Republican presidential candidate) an award for his efforts to create jobs, provide tax incentives and generally foster the growth of the computer and video game industry in the state. ESA president and CEO Michael D. Gallagher presented the award to the Governor and praised him for his "longstanding support for the industry" during an award ceremony at the historic Governor’s Mansion.

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Retail Industry Leaders Association to Push for Data Privacy Online Taxes in D.C. This Year

February 10, 2014 - GamePolitics Staff

Retail Industry Leaders Association (RILA) said in a new report that it would push hard for the passage of an national Internet sales tax law and for better data privacy regulations this year. In its annual policy agenda, the trade group highlighted the issues it deemed to be of grave importance this year. A federal law to deal with online sales tax is at the top of the list. The group, which represents traditional retailers, believes that having a national sales tax collection law will levy the playing field so that online-only retailers don't have an advantage.

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Report: Japan to Tax Digital Goods from Foreign Sources in 2015

January 15, 2014 - GamePolitics Staff

If you live in Japan you already know that the government taxes games (and other physical goods) with a consumption tax that are imported from outside the country, but that tax will soon be applied to digital purchases as well, according to this Kotaku report.

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France Reforms Tax Breaks for the Video Games Industry

December 13, 2013 - GamePolitics Staff

According to a brief report in Tax News the French government is pushing to reform the country's video games tax credit (known as the CIJV). French Culture Minister Aurélie Filippetti, Budget Minister Bernard Cazeneuve, and Innovation Minister Fleur Pellerin, have all embraced the French National Assembly's adoption of plans to reform the country's video games tax credit (CIJV).

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High Voltage Software Seeks Tax Incentives Amidst Illinois Legislature Pension Shortfall Fight

November 5, 2013 - GamePolitics Staff

Buried in a story about a number of companies seeking incentives from the Illinois state legislature being held up by a veto by Governor Pat Quinn over a lack of pension reform, High Voltage Software's name popped up. Apparently Fred Crespo, a Hoffman Estates (a northwestern suburb of Chicago) Democrat, is pushing incentives legislation for the company, which is headquartered in his district.

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House GOP Takes Steps Towards Internet Sales Tax

September 16, 2013 - GamePolitics Staff

Despite opposition from fellow House members and a majority of constituents, some Republican lawmakers are pushing forward with Internet tax proposals as part of a comprehensive package on the topic similar to the Senate's Marketplace Fairness Act.

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Poll: 'Likely Voters' Do Not Like the Marketplace Fairness Act

September 13, 2013 - James Fudge

From the "we-could-have-told-you-that-without-a-poll department" comes this story from Politico about the public's opposition to Internet taxes. The polls - conducted for two separate conservative groups - found that most voters oppose federal Internet sales tax legislation and suggested that lawmakers who voted for it could face serious challenges in the 2014 mid-term elections.

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Massachusetts Lawmaker Pushes for Video Game Tax Credits

September 12, 2013 - GamePolitics Staff

Massachusetts State Rep. John Binienda (D-Worcester) is pushing for more tax incentives for the state's video games industry. It makes sense, given that Worcester is home to several video game development-focused colleges including Worcester Polytechnic Institute (WPI) and MassDIGI at Becker College.

On Sept. 10 the state lawmaker gave testimony promoting House Bill 2511, a bill he is the lead sponsor of that would extend a 25 percent tax credit currently given to the movie industry to game design and development within the state.

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ESA Praises Texas Film Commission's Expansion of Tax Incentives

September 11, 2013 - GamePolitics Staff

The Entertaintment Software Association (ESA) issued a press release this week praising the Texas Film Commission for expanding its economic incentives to include "digital interactive media productions."

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Sony Australia in $53 Million Dispute with the Australian Taxation Office

August 9, 2013 -

Sony Australia is in a dispute with the Australian Taxation Office over $53 million AUD, which comes from five years of tax adjustments (back taxes owed and penalties) that the company believes are in error. A Sony Computer Entertainment Australia spokesperson confirmed the news with GameSpot, but added that its PlayStation business in Australia has not been affected by it. Sony is appealing the assessment.

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UKIE 'Confident' that EU Commission Will Approve UK Tax Game Industry Relief

July 19, 2013 -

UKIE, the trade body that represents the video game industry in the UK, says that it feels "pretty confident" that the tax break proposal will be approved by the European Union and that the doubts raised by the EU Commission over taxpayers contributing to the proposed relief will evaporate. Last year, the UK government approved tax breaks for the country's games sector, promising to provide 25 percent tax relief on 80 percent of the budget for qualifying UK-made games.

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Grover Norquist and Lawmakers Hold Rally Against Marketplace Fairness Act

June 21, 2013 -

Earlier in the week while the National Governors Association and proponents of the Marketplace Fairness Act were hosting an event to encourage House members to approve the bill already passed the Senate, Republicans from the House and Senate joined Grover Norquist and Americans for Tax Reform to rally against it. Sens. Rand Paul (R-Ky.) and Ted Cruz (R-Texas) joined House Republicans and Grover Norquist, president of Americans for Tax Reform on Tuesday to rally against the bill.

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TIGA Urges EU Commission Decision on UK Games Tax Relief

June 21, 2013 -

The video games industry in the United Kingdom should have had tax breaks by now but the European Commission's questions on certain parts of the UK's proposals (mainly having to do with UK cultural tests) have stalled efforts so far. This week UK trade body TIGA urged the EU Commission to make a decision, reports Gamasutra.

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National Governors Association Promotes Marketplace Fairness Act

June 20, 2013 -

Yesterday governors, legislators, congressional leaders, technology companies and small business owners held a meeting to promote the Senate's recently passed Marketplace Fairness Act legislation, which proponents hope will get the same kind of approval in the House. The bill creates ways for states to collect online sales tax across state lines. Traditional retailers say that these taxes level the playing field because it forces all businesses to collect sales tax, and takes away the tax-free advantage online retailers have had for years.

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Missouri Video Game Sin Tax Bill Quietly Withdrawn

June 3, 2013 -

You may recall that back in January, Missouri State Rep. Diane Franklin (R-Camdenton) put forth a bill to levy a one percent sin tax on "violent video games." Apparently not realizing that she lived in a state where raising taxes on anything was considered bad form, she pushed the bill forward in the wake of the Sandy Hook Elementary School shootings that occurred in December of 2012.

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Study: Majority of Consumers Hate the Marketplace Fairness Act

May 15, 2013 -

If the Marketplace Fairness Act that was enthusiastically passed in the Senate earlier this month were to somehow end up becoming the law of the land (through some sort of divine intervention in the House where it will likely stall for lack of support, in my opinion) then 44 percent would cut back on buying products online. This is according to data from a study sponsored by electronic postage software company Endicia and posted on Mashable.

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Vice President Sees No Legal Hurdles in Enacting Sin Tax on Violent Media

May 13, 2013 -

Vice President Joe Biden thinks that it would be perfectly okay to tax violent video games. During a recent meeting to talk about strategy for enacting the president’s proposed gun legislation, Biden said that an idea floated by Reverend Franklin Graham in late April to tax violent media might be a good idea. Participants in the session told Politico that Mr. Biden said there’s "no restriction on the ability to do that; there’s no legal reason why they couldn’t."

WWE's Kane Hates the Marketplace Fairness Act

May 10, 2013 -

Here's something you may not know: Glenn Jacobs, the man who plays the "Big Red Monster" Kane character on World Wrestling Entertainment (WWE) and a co-holder of the WWE World Tag Team Championships, is also the co-founder of the conservative group, The Tennessee Liberty Alliance.

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Harry Reid's Internet Tax Bill Easily Passes in the Senate

May 7, 2013 -

Democrats and Republicans in the Senate seem to agree that requiring online retailers to collect sales tax is a great idea. A bipartisan coalition from both parties easily passed the Marketplace Fairness Act by a vote of 69-to-27. The bill was sponsored by Senator Harry Reid (D-Nevada) who fast-tracked the bill and avoided any committee that might have had oversight over the bill.

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UK Chancellor George Osborne Calls Tax Incentives an 'Unfinished Story'

May 3, 2013 -

UK Chancellor George Osborne and Culture minister Ed Vaizey said today that the European Commission's investigation into proposed tax incentives for the video game industry that have a cultural requirement will not stop UK lawmakers from providing games tax breaks. Speaking at the British Film Commission event for the launch of creative sector tax breaks for TV and animation, the pair showed that their support for tax breaks had not wavered.

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Americans for Tax Reform: Pledge Takers Can't Vote For Internet Tax Bill

April 25, 2013 -

While the Senate is likely to pass the Marketplace Fairness Act being rammed through the Senate past the red tape of committees and onto the floor for a vote later today or by the end of this week by Senate Majority Leader Harry Reid (D-NEV.), House Republicans face a roadblock that they put in place themselves when it comes time to vote for their Internet tax bill: a pledge.

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President Obama Backs Harry Reid's Internet Tax Plan

April 23, 2013 -

The movement to bring State sales tax across the board to Internet retailers got an important endorsement this week as President Barack Obama "enthusiasticlly endorsed" the efforts by Senator Harry Reid (D-NEVADA) to push the Marketplace Fairness Act forward at a breakneck pace - according to The Hill. Senators advanced the bill in a 74-20 procedural vote on Monday evening, one vote less than it received in a test vote last month.

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Senate Majority Leader Attempts to Fast-Track Internet Tax Bill Vote

April 18, 2013 -

Senate Majority Leader Harry Reid (D-Nevada) this week began the process of pushing the Marketplace Fairness Act before the full Senate without making its way through the Senate Finance Committee (mostly because many of the leaders in the committee don't like the bill and would stall it), according to Politico.

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European Commission Investigating UK Game Industry Tax Relief Plan

April 16, 2013 -

During the United Kingdom's March 2012 Budget it looked like plans for tax breaks for video games developers were a lock, but a European Commission (EC) investigation that was announced today has put their future in doubt. The European Commission announced today that it plans to investigate the proposals, and questions whether there is an obvious market failure in the UK games industry.

Specifically the EC is seeking answers to four key questions related to the UK games tax relief plan:

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UK Game Industry Tax Relief Delayed by EU Commission

March 20, 2013 -

Tax relief for the video games industry in the United Kingdom has been delayed because the European Commission was not able to approve the Cultural Test provisions of the plan, according to this GamesIndustry International report. The Cultural Test requires those applying for tax credits to promote the culture of the UK in various ways.

UK games industry trade groups UKIE and TIGA expressed their disappointment in the news, but were optimistic that the government would continue to be committed to tax breaks for games developers.

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Matthew WilsonSF have to build upwards they have natural growth limits. they can not grow outwards. ps growing outwards is terable just look at Orlando or Austin for that.04/16/2014 - 4:15pm
ZippyDSMleeIf they built upward then it would becoem like every other place making it worthless, if they don't build upward they will price people out making it worthless, what they need to do is a mix of things not just one exstreme or another.04/16/2014 - 4:00pm
Matthew Wilsonyou know the problem in SF was not the free market going wrong right? it was government distortion. by not allowing tall buildings to be build they limited supply. that is not free market.04/16/2014 - 3:48pm
ZippyDSMleeOh gaaa the free market is a lie as its currently leading them to no one living there becuse they can not afford it makign it worthless.04/16/2014 - 3:24pm
Matthew WilsonIf you have not read http://arstechnica.com/gaming/2014/04/introducing-steam-gauge-ars-reveals-steams-most-popular-games/ you should. It is a bit stats heavy, but worth the read.04/16/2014 - 2:04pm
Matthew Wilsonthe issue is when is doesn't work it can screw over millions in new york city's case. more often than not it is better to let the free market run its course without market distortion.04/16/2014 - 9:36am
NeenekoTrue, and overdone stagnation is a problem. It is a tricky balance. It does not help that when it does work, no one notices. Most people here have benifited from rent controls and not even realized it.04/16/2014 - 9:23am
ZippyDSMleehttp://www.afterdawn.com/news/article.cfm/2014/04/15/riaa_files_civil_suit_against_megaupload04/16/2014 - 8:48am
ZippyDSMleeEither way you get stagnation as people can not afford the prices they set.04/16/2014 - 8:47am
Neenekowell, specifically it helps people already living there and hurts people who want to live there instead. As for 'way more hurt', majorities generally need less legal protection. yes it hurt more people then it helped, it was written for a minority04/16/2014 - 8:30am
MaskedPixelantehttp://torrentfreak.com/square-enix-drm-boosts-profits-and-its-here-to-stay-140415/ Square proves how incredibly out of touch they are by saying that DRM is the way of the future, and is here to stay.04/16/2014 - 8:29am
james_fudgeUnwinnable Weekly Telethon playing Metal Gear http://www.twitch.tv/rainydayletsplay04/16/2014 - 8:06am
ConsterTo be fair, there's so little left of the middle class that those numbers are skewing.04/16/2014 - 7:42am
Matthew Wilsonyes it help a sub section of the poor, but hurt both the middle and upper class. in the end way more people were hurt than helped. also, it hurt most poor people as well.04/16/2014 - 12:13am
SeanBJust goes to show what I have said for years. Your ability to have sex does not qualify you for parenthood.04/15/2014 - 9:21pm
NeenekoSo "worked" vs "failed" really comes down to who you think is more important and deserving04/15/2014 - 7:04pm
NeenekoThough I am also not sure we can say NYC failed. Rent control helped the people it was intended for and is considered a failure by the people it was designed to protect them from.04/15/2014 - 7:04pm
NeenekoIf they change the rules, demand will plummet. Though yeah, rent control probably would not help much in the SF case. I doubt anything will.04/15/2014 - 1:35pm
TheSmokeyOnline gamer accused of murdering son to keep playing - http://cnews.canoe.ca/CNEWS/Crime/2014/04/15/21604921.html04/15/2014 - 11:50am
Matthew Wilsonyup, but curent city rules do not allow for that.04/15/2014 - 11:00am
 

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