In the US, the House Ways and Means Committee’s new tax reform bill provides for a “permanent R&D tax credit” for manufacturers – except those making violent video games.
Despite “finally giving American manufacturers the certainty they need to compete against their foreign competition who have long had permanent R&D incentives,” the bill removes this tax credit for the violent video game sector, reports the Washington Examiner.
As part of a section within the bill that deals with closing loopholes, a provision included is “preventing makers of violent video games from qualifying for the R&D tax credit.”
How this will impact video game manufacturers and whether it will extend to the pay-to-play amusement sector remains to be seen, but it could mean higher levels of tax for those it targets.
