Posted on June 19, 2008, Shawn Sines Wisconsin Wooing Game Industry as Propose Tax Turns to Tax Credit
Wisconsin is encouraging the Games Industry to set up shop by offering 25 percent tax credits. not only is the state offering a 25 percent rebate on qualified production related expenditures Wisconsin is throwing in a 15 percent credit for infrastructure development. The credits are available to the film and television industry as well.
I find this ironic considering the state was drawing fire from the ESA earlier this year over a proposed double tax on video games. Wisconsin State Senator Jon Erpenbach tried to justify it by claiming video games were played by kids under seventeen and the tax revenues would be used on programs to keep them out of trouble. Now the state is courting the same industry it was slamming in December 2007. Money changes everything.
via Press Release