Saturday, June 29, 2013
EU Commission raises doubts over UK games tax relief, launching investigation
The European Commission announced a "thorough investigation" imminent tax relief for video games in the United Kingdom after doubts about their needs. Breaks, announced last year by the British government, was created to provide relief to 25 percent to over 80 percent of the budget games rating "as used in the UK, a move long demanded by the gaming industry in crisis countries. Nevertheless, today's news raises serious doubts as to whether or not to run, the European Commission has identified a number of concerns about the program.
The EU executive body not only doubt that help is needed to boost the gaming industry in the country, but also noted the possibility that discrimination "property or "positive used and consumed" services in the UK "and" a subsidy race "between EU states. Commission also expressed concern about the proposed UK cultural test and if it would produce" distortions unique competition. "
" The market for game development is dynamic and commercially promising, "said Vice President of Competition Policy of the European Commission, Joaqu?n Almunia. "It is unclear whether the taxpayer should subsidize this activity. These subsidies can distort competition itself. " Games
UK trade body UKIE says it is" extremely disappointed "by the decision of the European Commission. Response, UKIE observed that investigation could delay the implementation of help, but it was finally approved.
Find best price for : --Commission----UKIE--
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2013
(339)
-
▼
June
(30)
- Wolfenstein's New Order, EA Wars & Presidential Na...
- IllumiRoom To Take Gaming Visuals Outside the Box ...
- Ex-Bizarre devs Lucid tease possible reveal at nex...
- Level-5 registers three new, mysterious trademarks
- Oculus Rift and Virtual Boy: A match made in VR hell
- Rumor: Japanese trademark suggests Dragon Quest Mo...
- Worlds of Magic summons a shower of cash
- Star Wars characters not ruled out for Disney Infi...
- XCOM shooter isn't dead, re-reveal coming soon
- EU Commission raises doubts over UK games tax reli...
- IndieFort Spring Bundle on GamersGate; Arcen's lib...
- DarkSeas Games Developing Spiritual Successor To R...
- Volition: Latest Red Faction games fell short
- These Superhero Suits Cost US$200,000
- Report: Ace Attorney 5 out July 25 in Japan
- Preview: Co-op In 'Splinter Cell: Blacklist' - A S...
- Senior Online Developer - Gameloft - New Orleans N...
- Splinter Cell: Blacklist - Spies vs Mercs
- Spot Your Favorite Fire Emblem Character In This A...
- Next Scribblenauts to feature Batman, Joker - Report
- Splinter Cell: Blacklist and the Challenges of Ste...
- Notch only behind Egypt president in Time 100 poll
- Ex-Metroid Prime devs were working on a Mega Man F...
- The Sword & Sworcery Team Are Back For Another Game
- Ask CVG Anything: Co-op or competitive? Shenmue 3?
- Michael Pachter declares PS Vita dead
- Color Zen
- A trio of indie games announced for the PS3, PS4, ...
- Minimalist space strategy Rymdkapsel releases tomo...
- Tipping Point (mobile)
-
▼
June
(30)
0 comments:
Post a Comment