The tax shelter for video games comes into force on January 1. A great novelty for the sector. This measure, approved by the Federal Parliament and the European Commission, is the result of a long process whose objective is to grow a sector that has received little support until now by giving it access to a new source of financing.
The tax shelter will allow companies to invest, from 2023, part of their profits in the production of a new game in exchange for tax exemption. This tax incentive already exists for cinema and the performing arts. A total of 935 full-time equivalents work in the development of video games in Belgium and the sector earned 88 million euros last year compared to 82 million in 2020.
Also find everything that changes in the other sectors:
