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I remember posting about gaming industry avoiding taxes somewhere, but can't be sure which thread it was.
The point was to say publishers already don't pay taxes yet became an unloyal competition to online casinos where countries get nothing back from gambling addicts who buy lootboxes. Well…
https://www.gamesindustry.biz/artic...-in-ten-years-claims-investigative-think-tank
ROTFL how many years it'll take to ban lootboxes?
The point was to say publishers already don't pay taxes yet became an unloyal competition to online casinos where countries get nothing back from gambling addicts who buy lootboxes. Well…
https://www.gamesindustry.biz/artic...-in-ten-years-claims-investigative-think-tank
UK needed only 10 years to realize it's "not working as intended"?Rockstar hasn't paid UK corporation tax in ten years, claims investigative think tank
Grand Theft Auto V developer also received over £42 million in Video Game Tax Relief
…
HMRC told GamesIndustry.biz that around half of large UK businesses are under investigation for tax reasons at any one time, and it cannot comment on a specific case.
"It is outrageous that the UK taxpayer is being asked to shell out tens of millions of pounds in subsidies to the developers of Grand Theft Auto, when at the time that the game's developers put in their tax credit application Grand Theft Auto V had already generated several billion dollars in sales and profits," said TaxWatch director George Turner.
"This is a drive-by assault on the British taxpayer and corporate welfare scrounging at its very worst.
"The Video Games Tax Relief was designed to help developers of games with a cultural content that would struggle to sell in the international market. The fact that such a large amount of that relief is going to the developers of Grand Theft Auto clearly shows that the relief is not working as intended."
ROTFL how many years it'll take to ban lootboxes?
- Joined
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