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Heavy Rain Developer Threatening To Move Over Tax Issue
Paris-based Heavy Rain developer Quantic Dream is vocal in its demand that French tax breaks are reinstated for the benefit of it and other video game developers in the country.
In January, French tax breaks to game developers expired, and getting them back might not be easy. The tax breaks were authorized by a special European commission as an exception to a general rule that countries were not to authorize game tax breaks. That commission now feels that reinstating the exception will hurt competition in other countries in the European Union. If it is not reinstated, that would mean no tax breaks in France, the U.K., or anywhere else in the EU.
Quantic Dream co-CEO Guillaume de Fondaumiere (who is also the chairman of the European Games Developer Foundation) thinks the loss of the tax breaks would be a "historic mistake," and says the studio will move some or all of its resources to Canada – where they have tax initiatives in place – if they do not return.
Develop cites some figures that indicate that the loss of similar tax breaks in the U.K. has resulted in a shrinkage of that market, as well as job losses overseas.
[via Develop]
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