north-carolina posts

North Carolina latest state to give tax breaks to game developers

The state of North Carolina just became more friendly to game developers. The Triangle Business Journal reports that the state''s governor Bev Perdue has just signed into law a new tax break that should encourage more game developers to work in North Carolina.

The law, which was signed by Perdue at the offices of Epic Games (located in Cary, NC), will give creators of " digital media products" a 15 percent tax credit on all all development costs that exceed $50,000. The tax break increases to 20 percent if the developer works with a university or community college. Besides Epic Games a number of other game developers already call North Carolina home including Ubisoft's Red Storm team, Virtual Heroes (America's Army) and Atomic Games (Breach). Most are located in the state's Research Triangle Park area.
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