informa
1 min read
article

Louisiana Considers Tax Breaks For Game Developers

According to local news reports, the state of Louisiana is considering tax breaks specific to the video game industry, in an attempt to lure game creators to set up shop ...
According to local news reports, the state of Louisiana is considering tax breaks specific to the video game industry, in an attempt to lure game creators to set up shop in the state. The state has already employed an extremely successful similar scheme for film productions using the state, with exemptions on state sales tax (normally 4%), tax credits of 10% for the employee payroll if employees are Louisiana residents, and an additional state income tax credit for investors. Movies including The Dukes Of Hazzard, Ray, and All The King's Men have recently used the state for filming, eschewing other lower-cost filming areas such as Canada. Mark Smith, the entertainment director for the Department of Economic Development for the state commented to newspaper The Advocate: "It ties in so well with the film industry because a lot of major films coming out are marketed with video games." However, it's unclear whether games, which sometimes have much longer development times and require markedly different resources to the movie industry, will also find similar or adapted incentives attractive. Nonetheless, Louisiana officials and other public/private sources are expected to be taking further advice and comments from the game industry in the near future.

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more