You will be redirected back to your article in seconds

French game subsidy cleared

EU says tax break passes cultural test

BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday.

With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products.

The scheme allows vidgame manufacturers who pay tax in France to deduct up to 20% of a game’s production costs, if the game meets quality and originality standards, and contributes to cultural diversity.

“The French authorities have made significant changes to the scheme so as to essentially target video games with cultural content and minimize possible distortions of competition in the European market,” said competition commissioner Neelie Kroes.

The commission made subcontracting costs eligible for the tax break.

More Digital

  • Marvel Studios' BLACK PANTHER..Black Panther/T'Challa (Chadwick

    ‘Black Panther’ Tops Studios’ TV Ad Spending

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • Dua Lipa Dan McCarroll

    Dan McCarroll, Former President of Warner Bros. Records, Joins Amazon

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • spotify-logo

    Spotify Hints at Hardware Plans in New Job Listings

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • imdb

    Federal Judge Bars California's Actor-Age Censorship Law

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • otter-media-andy-forssell-sean-kisker-jennifer-cho-alan-beard

    AT&T/Chernin's Otter Media Adds Andy Forssell, Three Other Execs to Senior Management Team

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • Jim Gaffigan

    Jim Gaffigan to Release Next Stand-Up Special Direct to Digital (EXCLUSIVE)

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

  • BuzzFeed logo

    BuzzFeed Had 65 Billion Video Views in 2017. But What Does That Mean for Ad Dollars?

    BRUSSELS — France’s tax break for video game production meets European Union rules on state subsidies, the European Commission announced Wednesday. With tighter criteria, introduced after a commission probe, the tax break is now considered legitimate because it promotes cultural products. The scheme allows vidgame manufacturers who pay tax in France to deduct up to […]

More From Our Brands

Access exclusive content