01 January 2008

EU - Commission authorises French aid scheme for video game creation

(RAPID)
The European Commission has authorised, under the EC Treaty rules on state aid, a French tax credit aimed at encouraging video game creation. This tax credit may be granted only to video games that meet the criteria of quality, originality, and contributing to cultural diversity. After an in-depth investigation, the Commission has concluded that this measure qualifies for the exemption provided for by the EC Treaty for aid to promote culture. See also UK Government and ELSPA speak out on French tax breaks (MCV).