Grand Theft Auto maker has paid no UK corporation tax in 10 years – report
by Keza MacDonald Video games editor from Technology | The Guardian on (#4M58V)
Rockstar North made huge profits while claiming 42m in tax relief, says thinktank
Rockstar North, the Edinburgh-based developer of Grand Theft Auto, has paid no corporation tax over the past 10 years, despite making billions in revenue for its parent company Take-Two Interactive, while claiming more than 42m in tax relief.
A report from the investigative thinktank TaxWatch UK estimates Rockstar Games' operating profit at $5bn (4bn) between 2013 and 2019, during which time the company released Grand Theft Auto V (GTA V) and Red Dead Redemption 2. Rockstar North is part of Rockstar Games.
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