EA Asks for Gaming Tax Breaks in USA
State could be 'on the cusp of reaching critical mass of technology companies.'
Electronic Arts is pressing government officials in the US state of Utah to offer tax incentives to video gaming and technology businesses that operate in the region.
The publisher recently opened a brand new office in the state, adding to the mounting belief that Utah is on "the cusp of reaching a critical mass of technology companies," reports Deseret News. But EA government affairs director (apparently, there is one) Craig Hagan said other areas, including Texas, Florida and Canada's Vancouver and British Columbia, are better positioned to snatch that potential away from the state.
"We're not competing with traditional brick-and-mortar business in Main Street," he said. "We're competing against other digital media companies across the world." He encouraged Utah government officials on Wednesday to the importance of offering a similar scheme to rival states, which currently offer rebates on income tax of up to 42 per cent.
Representatives revealed that there are no plans at present to start such an incentive program for the tech sector, but said that they were listening to EA executives regarding the suggestions.
This follows news that North Carolina is preparing to pass a bill that would offer tax breaks to film and video game companies operating in the area.
The publisher recently opened a brand new office in the state, adding to the mounting belief that Utah is on "the cusp of reaching a critical mass of technology companies," reports Deseret News. But EA government affairs director (apparently, there is one) Craig Hagan said other areas, including Texas, Florida and Canada's Vancouver and British Columbia, are better positioned to snatch that potential away from the state.
"We're not competing with traditional brick-and-mortar business in Main Street," he said. "We're competing against other digital media companies across the world." He encouraged Utah government officials on Wednesday to the importance of offering a similar scheme to rival states, which currently offer rebates on income tax of up to 42 per cent.
Representatives revealed that there are no plans at present to start such an incentive program for the tech sector, but said that they were listening to EA executives regarding the suggestions.
This follows news that North Carolina is preparing to pass a bill that would offer tax breaks to film and video game companies operating in the area.
Companies:
Electronic Arts
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