Since 2005, Louisiana has offered game developers and other software producers one of the most attractive deals in the US: the Digital Media Tax Credit, which affords applicable tech companies a 25 percent tax credit and 35 percent payroll tax credit. That deal is getting even sweeter in the coming months, as Governor Bobby Jindal has signed a bill which allows developers to take that credit in cold, hard cash, provided it’s not all soaked up by their tax liability.
Not many developers are taking advantage of the boot-shape state’s hospitality, though EA’s facility on the LSU campus is sure to benefit from the expansion, as will Gameloft’s soon-to-be-opened New Orleans studio. We bet this change will draw even more developers to the area — after all, actual money is far more appealing than less loss of money.
Louisiana enhancing its tax incentives for game developers originally appeared on Joystiq on Tue, 12 Jul 2011 01:30:00 EST. Please see our terms for use of feeds.
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