Accuse Rockstar Games for not paying taxes in the Uk

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    Despite the huge success of Grand Theft Auto V and Red Dead Redemption 2, the company would have taken advantage of tax breaks.

    Rockstar North would not have paid corporation tax in the Uk during the last ten years, according to TaxWatch UK. Although the company has paid taxes, would have received more money -26,9 million pounds – which they have paid.

    TaxWatch ensures that the giant has claimed 42 million pounds between 2015 and 2017, 19% of all tax credits offered to the british industry since it was introduced in 2014. Video Game Tax Relief is available for games that pass a “test culture” that considers its content, cultural contribution, etc

    Although it was published by Rockstar Games, Grand Theft Auto V was developed by Rockstar North in Edinburgh, and since then it has become the product of entertainment most cost-effective of the story. TaxWatch has asked HM Revenue and Customs -non-ministerial department of the Uk Government responsible for the collection of taxes – that “urgently investigate” the tax structure of Rockstar Games and Take-Two in the United Kingdom.

    “Video Games Tax Relief was designed to help developers for games with cultural content that have trouble selling in the international market. The fact that a great deal of that relief goes to the creators of Grand Theft Auto clearly shows that relief does not work as planned“.

    Rockstar has not commented on these accusations.

    Accuse Rockstar Games for not paying taxes in the Uk
    Vandal

    Accuse Rockstar Games for not paying taxes in the Uk
    Source: www.vandal.net  
    July 30, 2019

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