US: LA tax credits for games industry

The state of Louisiana gives a 35% state payroll tax credit on all Louisiana labor directly involved in the development of video games (and so doesn’t include administration or executive work) and a 25% tax credit on all the direct support costs such as premises leases, computers and training. ┬áThe state estimates these reliefs reduce the cost of doing business in the games industry in the state by around 30% overall.

The relief was signed into law in July 2009; the result over the last two years is a new Electronic Arts facility in Baton Rouge and a mobile games studio for Gameloft, with more apparently likely to come.

via Louisiana Government Lures Game Developers with Best Tax Incentives in the U.S. – John Gaudiosi – Game On – Forbes.

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