Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
March 1, 2021
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Isle Of Man Adds Tax Breaks For Game Companies

Isle Of Man Adds Tax Breaks For Game Companies

December 20, 2005 | By Simon Carless

December 20, 2005 | By Simon Carless
    Post A Comment
More: Console/PC

The Isle of Man, which is located in the British Isles, and is a self-governing democracy, has announced that it will be introducing zero rate corporate tax with effect from April 2006, as the island, which is located in the Irish Sea between England and Ireland, hopes to attract video game companies with new tax breaks.

"The zero taxation initiative supports our overall economic plan to ensure that interactive entertainment and computer game companies experience financial success in the Isle of Man," said Tim Craine, Director of E-Business for the Isle of Man Government. "Our pro-business government policies help companies minimize their operating and growth costs, which allows them to become more profitable. We encourage high-tech businesses with plans to expand into Europe to look closely at the Isle of Man as their preferred location."

The island has also announced that the Isle of Man Government provides grant packages of up to 40% to help offset the cost of moving, setting up operations and acquiring new office equipment.

In addition, more than $90 million has been invested in the Island's telecommunications infrastructure over the past five years, including implementation of this Super Fast (HSDPA) 3.5G network, two self healing (SDH) fiber rings connecting the Isle of Man to both the UK and Ireland, 100 percent broadband coverage, and free ADSL and ISDN connections available for businesses and individuals.

Related Jobs

Crate Entertainment
Crate Entertainment — Boston (Work Remotely), Massachusetts, United States

Senior Gameplay / Engine Programmer
DigiPen Institute of Technology
DigiPen Institute of Technology — Redmond, Washington, United States

Curriculum Developer in Visual Effects for Real-Time Engines
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States

Audio Programmer
Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States

Studio Production Director

Loading Comments

loader image