Georgia offers tax breaks to game industry


Apparently game developers can hitch a ride with the devil if they're looking for some tax breaks. According to the Duluth Weekly, Georgia Governor Sonny Perdue signed into law the 2008 Entertainment Industry Investment Act, which gives financial incentives to film, TV and game development. Bill Thompson, deputy commissioner of the Film, Music and Digital Entertainment Office, points out the law makes Georgia one of the few states with incentives for the video game industry.

The signing took place at the studios of Turner Broadcasting, which not only runs several television stations, but also GameTap. The new incentives offer a 20% tax credit, with an additional 10% if it includes an animated Georgia promotional logo in the finished product. So, go on down to Georgia, developers. If you can survive the summers, they're giving away free money.

[Via GamePolitics]

This article was originally published on Joystiq.