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TIGA’s RIchard Wilson makes the case for tax breaks
I don’t support the case for tax breaks for video games in the UK. I believe that we should be able to stand on our own two feet as a fast growing industry and that state intervention in commercial enterprises risks misallocation of capital as companies focus on getting the tax breaks, not building world-leading intellectual property that consumers value, delivered via the business models that they choose. So I oppose tax breaks specific to the video game industry.
TIGA, one of the two games industry bodies in the UK, is a vocal supporter of tax breaks. Richard Wilson, CEO of TIGA, was interviewed on Five Live yesterday and gave an excellent high-level introduction into why TIGA is arguing for tax breaks. If you are interested in the issue at all, it is well worth a listen. (And if you are really interested, you should get GAMESbrief Unplugged Volume 1: on copyright, politics and opinions, which includes a whole chapter on the debate about tax breaks.)