Acitivsion Blizzard is threatening to leave the UK over a video game tax. The world's biggest publisher of video games isn't pleased about Britain's decision to cut tax relief for the gaming industry calling it a "terrible mistake." Activision has refused to rule out the possibility of moving their UK offices elsewhere.
The publisher of Call of Duty and World of Warcraft currently employ about 600 people in their UK office in Berkshire. Activision's chief execute Bobby Kotick said, "I think it was a terrible mistake, there are so many other places that are encouraging the video games industry."
TIGA, a group representing the UK's video game industry, has warned that Britain will now face an exodus of game studios to countries with game industry friendly policies. Countries such as Singapore, China and the United States offer tax incentives for the video game developers and publishers.
Do you think Activision should leave the UK? Or do you think the UK is right to deny the tax relief?
Source: Telegraph
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John-Galt
if businesses are taxed their overall profits will be cut. With less profits less products can be produced, and less people can be hired. Eventually this helps spiral into less and less profit for a company. Stealing money from industry is never good.
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