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Georgia Giving Tax Breaks to Gaming Production
Posted by Sam, 243 days ago May 16, 2008 07:56

Governor Sonny Perdue of Georgia today announced that he signed the 2008 Entertainment Industry Investment Act (HB 1100) into law. The legislation offers a 20 percent tax credit for qualified productions, with an additional 10 percent tax credit if a Georgia promotional logo is included in the finished product. These incentives apply to qualified films, TV series, commercials music videos and video game productions

"The 2008 Entertainment Industry Investment Act (HB 1100) will return Georgia to its rightful place of prominence in all major entertainment industry segments," stated Bill Thompson, deputy commissioner of the Film, Music and Digital Entertainment Office, a division of Georgia Department of Economic Development.

He added, "We expect a significant increase in film and television projects, and Georgia will be the most competitive state in the country for video game productions. Georgia is one of the few states whose entertainment incentives support the video game industry."

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