Kristian Roberts, CEO of Nordicity, explored the dynamics of tax credits in the global video game industry in a conversation with Brendan Sinclair from GamesIndustry.biz. He highlighted the competitive race, particularly in Continental Europe and Australia-New Zealand, to offer more attractive tax incentives. Kristian noted that this competition is shaping the industry, with South America and Southeast Asia joining the race soon.
Kristian also pointed out that while tax breaks do not create a gaming industry, they play a crucial role in sustaining and expanding existing markets by generating jobs and supporting the competition for global talent. However, he raised questions about the long-term impact and sustainability of these tax incentives. As Kristian stated, "Tax breaks don't create wealth; they create jobs. Jobs are great, but there's a limit to the upside of a tax break."
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