North Carolina Proposes Tax Break for Game Developers

North Carolina seems to have it right when it comes to video games. In particular, the people who make video games-the developers.

Rather than jumping on the bandwagon of the, “All video games are the root of all evil,” outlook of many politicians, the astute, and may we say, rather enlightened North Carolina legislature, is trying to push bill H2157 into law. The bill would give game developers, who work in the state, a tax credit on equipment and labor overhead costs. The bill, if enacted, would give the game developers a possible tax credit of 15%.

North Carolina already serves as the headquarters to several big name game developers such as Epic Games and Red Storm among others. With the increased cost of game development, and the lucrative profits garnered by successful games for developers, bringing developers into the state will not only fuel job creation, but also offer increased tax revenue taken from profitable companies.


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Author: GamerNode Staff View all posts by

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