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Thread: Quebec/UK games industry subsidy: should the US do anything about it?

  1. #1

    Default Quebec/UK games industry subsidy: should the US do anything about it?

    So, it seems UK wants to lower taxes for the computer game industry. Quebec has a subsidy. I wonder if there's any basis in either case for a WTO filing against either Canada or the UK by other countries.

    Link:
    http://www.develop-online.net/news/4...reaks-proposal

  2. #2
    Sadly, many countries lower taxes for preferential industries. It's actually part of Rick Santorum's stupid economic plan.

    Quebec's subsidies are certainly bad and laughable, but presumably, at some point the gaming industry will get big enough there that they aren't going to be able to afford that kind of subsidy.

  3. #3

    Quote Originally Posted by http://www.nytimes.com/2011/09/11/technology/rich-tax-breaks-bolster-video-game-makers.html
    Those tax incentives — a collection of deductions, write-offs and credits mostly devised for other industries in other eras — now make video game production one of the most highly subsidized businesses in the United States, says Calvin H. Johnson, who has worked at the Treasury Department and is now a tax professor at the University of Texas at Austin.
    Last edited by Steely Glint; 03-22-2012 at 09:42 PM.
    The light that once I thought compassion still casting shadows in your action
    The words you shared were cold transactions that bring me to curse what you've done
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    I hope you scorch your many faces when you fly too close to the sun

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