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Games in Spain do not benefit from fiscal measures to support the cultural sector

Games in Spain do not benefit from fiscal measures to support the cultural sector

To alleviate the devastating effects of coronavirus (COVID-19) in the Spanish economy, the Government has launched a Royal Decree-law to benefit the entertainment sector: In this way, industries such as film, audiovisual series and live performances of performing and musical arts will take advantage the so-called investment deduction. However, as pointed out by DEV (The ...

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The Government will allocate 70 million euros to the technology and video games sector, but they will not receive cultural deductions

The Government will allocate 70 million euros to the technology and video games sector, but they will not receive cultural deductions

As part of the economic recovery measures to alleviate the effects of the coronavirus, the Government of Spain has announced an investment of 70 million euros intended to support the country's technology sector, including video games. The administration of this investment will be the responsibility of the Ministries of Culture and Consumption. Of the aforementioned ...