Colorado Governor Jared Schutz-Polis has signed a bill granting a tax deduction to creative companies. Both film studios and game developers will be able to count on it.

According to the terms of the program, developers will be reimbursed 20% of the annual cost of producing games. It is noteworthy that studios will be able to apply for a tax deduction not only from Colorado, but also from other American states: if half of their employees work in Colorado, and the costs do not exceed $ 250 thousand.

The program budget for 2024 is $5 million.

Now in Colorado there are offices of such gaming companies as Deck Nine Games, Leviathan Games, Serenity Forge and Dire Wolf Digital.

Source:

Game Developer

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