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Monday 29 July 2019

Rockstar Games reportedly claimed GTA V was ‘culturally British’ to skimp on taxes


A British think tank has revealed in a new study that Rockstar Games has apparently ducked taxes in the UK and received millions of pounds in subsidies — the latter by claiming at least one of its games, Grand Theft Auto V, to be a British game. Tax Watch UK this week published a report titled “Gaming the System.” It claims that, through offshoring of profits, Rockstar North (the primary development studio of GTA V) has not paid any UK taxes in ten years. In the five years after GTA V’s release, Rockstar and parent company Take-Two’s UK-based studios claimed a profit…

This story continues at The Next Web