Georgia governor signs off on $25 million tax breaks

By Brenna Hillier, Tuesday, 15 April 2014 01:45 GMT

Developers like Tripwire Interactive, CCP Games and Hi-Rez Studios will benefit from a $25 million tax scheme thanks to Georgia’s House Bill 958.

georgia_governor_nathan_deal

The Atlanta Journal-Constitution reports Georgia governor Nathan Deal has signed off on House Bill 958, a $200 million bundle of tax breaks and incentives for various kinds of business, including food banks.

The package features a $25 million tax break for developers.

This is Georgia’s second attempt at a developer-friendly tax package; in 2008 it offered a 20% tax break via its Entertainment Industry Investment Act.

The tax package comes slightly too late for CCP, which laid off a significant number of Atlanta staff as part of its cancellation of World of Darkness.

Thanks, Joystiq.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Georgia

  • EA looking to develop in Atlanta

    The Atlanta Business Chronicle is reporting that EA’s scouting sites in Atlanta for a new studio. Up to 300 could be employed at the developer. Savannah, GA, is also being considered for a site. EA comms boss Jeff Brown’s confirmed the story as true, and has said Louisiana and Florida are also in the running. […]

Nathan Deal