by Keza MacDonald Video games editor on (#4M58V)
Rockstar North made huge profits while claiming £42m in tax relief, says thinktankRockstar 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. Continue reading...