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Digital Entertainment & Video Gaming

By 2017, the video game software development industry will be a $16 billion sector. And Georgia is recognized as one of the leading states encouraging video game companies to start-up and grow. Georgia offers a lucrative tax credit, enabling game developers to reinvest cash into their businesses and people.

 
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Nationally, the video game industry is set to grow 7.5% per year to 2017, and Georgia is benefiting from that growth. In fact, according to a recent Georgia video game industry study, for every one job, 3.78 jobs are created. Enabling the growth of this industry is Georgia's lucrative film tax credit.

Every day video game companies realize the full potential of the tax credit that can be monetized, by working with Habif, Arogeti & Wynne, LLP.  In a recent HA&W poll of video game companies, results indicated that 60% of respondents said that they use the tax credit to hire more developers and/or increase the salaries of existing employees.

In addition, the majority of Georgia gaming companies count on HA&W for tax planning and compliance, efficient international tax structures, transfer pricing, audited financial statements and other business consulting projects.

To learn more about the "numbers" behind the Georgia film tax credit, click here to view a quick video that outlines the financial benefits of the tax credit.

Click here to request full Georgia video game industry report.

 
IPA Best of the Best Inside Public Accounting Top 100 Daily Report Baker Tilly International Accounting Today Top 100 Atlanta Business Chronicle Top 25