GamingAustralian games tax breaks bill officially approved
Australia's Digital Games Tax Offset has now officially been approved.
As shared by Australian games trade body IGEA, the bill passed through legislation today, having been approved by both Houses of Parliament.
Initially unveiled in 2021, the DGTO provides a 30% tax incentive to Australian studios with projects above AU$500,000. It will have a retrospective effect from July 1, 2022.
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