Draugoth
Gold Member
We estimated that the total development cost of Black Myth: Wukong is more than 300 million RMB ($43M USD). In order to help the company enjoy tax incentives in a timely and correct manner, the Hangzhou tax department has established a long-term communication mechanism with the company to provide us with accurate guidance on the declaration of high-tech enterprises and the standardization of research and development expenses. The financial manager of Hangzhou Game Science Interactive Technology Co., Ltd., the game developer, said,
In 2023, Game Science will enjoy an additional deduction of more than 28 million RMB ($4M) for R&D expense
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