Technically Philly reports on state Sen. Daylin Leach's proposal for a tax credit that would benefit Pennsylvania video-game makers.
Senator Leach’s office offered these details to Technically Philly in April:
"The tax incentives would work just like the film production tax credit. A company would apply to the Department of Revenue for a qualifying production expense (or group of expenses such as physical space or computers, music or employees) and after approval and incursion of the expense in producing a video game in PA they would be awarded a tax credit. This tax credit can be used by the company that incurred it or it can be transferred to someone else. This helps the small companies be able to use the credit if they maybe don't have the tax liability of a larger production company and therefore don't have the income to offset with a credit."
Original source: Technically PhillyRead the full story here.