Tiga, a trade association for game developers in the UK and Europe, made a statement today that tax incentives in other territories are hurting UK games development. The group highlights the recent tax breaks announced by the US state of Georgia as something the government in its own country should be doing.
Richard Wilson, CEO of Tiga, says the Georgia tax breaks show how other state and national governments are competing to make the most "hospitable environment for games production." He believes the UK needs to create tax credits and increase the supply of qualified graduates to grow the industry. He points out the UK can't afford to ignore "heavily subsidized competition" from competing nations. Australia's GDAA has also been pushing its government to give the games industry the 40% tax break it offers the film industry.