Ireland Launches Digital Game Tax Credit From 2023

Ireland will offer a refundable corporation tax credit for digital game development companies from January 2023, the Finance Ministry said Monday.

The tax credit will apply at a rate of 32% of qualifying expenditure incurred on the design, production and testing of video games up to a maximum of €25 million ($25.6 million) per project, the Finance Ministry said. To qualify for the relief, each project must meet the minimum spend requirement of €100,000.

• “The introduction of this credit will ensure that Ireland is competitive in an industry that is estimated to be worth up to €260 billion,” Finance ...