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Rockstar Games Evaded Millions of Tax Dollars

A recent study conducted by coque samsung j5 solide British Think Tank TaxWatch UK has brought to light shocking info coque samsung galaxy s4 silicone transparente on Rockstar Games’ clever tax evasion in the UK. If the report is to be believed, Rockstar Games coque samsung galaxy s7 caseology parallax series has personnalisé coque drole cochon dessin anime telephone etui pour iphone xs max xr anti choc floral gommage tpu silicone samsung edge 7 evaded millions of tax pounds, and even received millions more in subsidies, simply by claiming that its coque samsung galaxy grand prime silicon coree et japon dessin anime sourire tpu telephone etui pour iphone 7 8 6 s 6plus doux tpu silicone blockbuster game Grand Theft Auto V, is British!

Tax Watch UK, a British online double coque samsung a3 2017 think tank portal recently shared a detailed report titled “Gaming the system.” The report coque samsung s5 dbz suggests that Rockstar North (the major development studio behind Grand Theft Auto V) has evaded paying taxes in the UK for the last gimfun nouveau paillettes paillettes tpu telephone etui pour iphone x xs xr xsmax 6 7 8 plus 6 s decade by off shoring their profits. The news coque samsung s7 ted comes as a shock since GTA V is one of the biggest global entertainment blockbusters of the 21st century, and has earned over 6 billion coque samsung galaxy j3 2017 bts USD since its release in coque samsung s6 edge personnalisable 2013. According to the report, Rockstar has reported a profit of only 47.4 million, although a bonus pool of more than $3 billion was reportedly distributed amongst high ranking officials of the company.

Therefore, although GTA V is one of the highest earning games etui a fleurs en peinture douce blanc etui de protection en silicone tpu souple pour iphone xs x xr of all time, Rockstar apparently has gimfun vintage plaid amour coeur telephone etui pour iphone xs max xr vert paillettes coque etui only a small share of the massive profits. In fact, the share was so small that it made ma coque samsung galaxy s7 Rockstar and Take Two (Rockstar parent company) eligible coque samsung s4+ for tax breaks. Not only did they not pay any taxes, but they also applied for, and surprisingly enough, got over $50 million in tax credits under the UK Video Game Tax Relief coree drole tasse de lait etui pour iphone xs max xr vintage mat doux tpu etui pour iphone 6 s 7 9 Scheme since 2015.

It is no rocket science to say that this huge tax mistake was nothing but just another example of corrupt bureaucracy playing around with legal loopholes. TaxWatch has reported that the said Tax coque samsung j3 2016 original Break scheme was directed towards smaller, less financially profitable game developers who were making on games that were “culturally British.” If you ever played GTA V for 5 minutes, you know that it light years away from ‘British Culture.’ The game is set in a parody city of Los Angeles, the coque samsung s8 one piece characters have American accents, and even the steering wheels are on the coque samsung a3 2017 danse left!

So how can GTA V be British

Apparently, all a developer needs to do to qualify their game as ‘British Cultured is just to claim that the said game was developed in the UK itself. That’s all it takes.

Moreover, they have further recommended a coque samsung s6 minion review of the Video Game Tax Relief scheme. As for Rockstar and Take Two, while TaxWatch has acknowledged the coque samsung s8 plus avec carte de credit fact that nothing they did was illegal, it has also asked Her Majesty’s Revenue and Customs to take a coque samsung galaxy s3 plastique look into the case and review the companies profit segregation…