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: GamePolitics.comDeveloper Growth in Georgia Appears Peachy
By pete_gallagher
Georgia's aggressive tax breaks for interactive developers seem to be paying off for the state, if you believe a rosy picture painted by The Atlanta Journal-Constitution.
All in all, the piece estimated that around 70 companies 'affiliated with videogame production' operate in Georgia today. The economic impact of such companies on the local economy was pegged at $68.9 million in 2008, while a figure of $49.9 million was assigned to 2009, though that number is expected to double once companies that have not yet filed for tax incentives do so.
Among the lures that make Georgia an attractive home for game developers is a sizeable tax credit of 20 percent for investments that surpass $500,000, with an additional 10 percent in breaks up for grabs if the state's logo is embedded in the game.
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Full post as published by GamePolitics.com on August 30, 2010 (boomark / email).
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