The EC is investigating a proposed French tax credit for videogam...
The EC is investigating a proposed French tax credit for videogame creation, it said Wed. Under the scheme, production studios would get a credit worth 20% of the cost of producing certain games if they adapt an existing work…
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of European origin or satisfy a test of quality, originality of concept and contribution to expression of European cultural diversity and creativity. The EC Treaty permits “state aid” to promote culture if it doesn’t unduly affect competition and trade among member nations, but its preliminary findings show the French proposal might apply to more than videogames with cultural content, and a tax edge potentially harmful to French firms’ European rivals, the EC said.