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.  The 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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