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Developers of Grand Theft Auto claim millions in tax credits

Developers of Grand Theft Auto claim millions in tax credits

by George Turner | Jul 28, 2019

Rockstar Games, the creator of Grand Theft Auto, has made an estimated $5bn in operating profit since the release of Grand Theft Auto V in 2013. The game was designed and developed in the UK by Rockstar North Limited based in Edinburgh, but TaxWatch can reveal that...
HMRC Tax Gap on the rise, but figures leave more questions than answers

HMRC Tax Gap on the rise, but figures leave more questions than answers

by George Turner | Jun 20, 2019

HMRC has this morning published its latest estimate of uncollected taxes, the “Tax Gap”. It shows that on the HMRC methodology the amount of tax uncollected went up by £2bn in 2018 to £35bn. This is in cash terms the highest on record and an increase of...
How much profit are Google, Apple, Facebook, Cisco and Microsoft making in the UK?

How much profit are Google, Apple, Facebook, Cisco and Microsoft making in the UK?

by George Turner | Nov 6, 2018

How should profit be distributed within the modern multinational corporation? That is the key question at the heart of the debate on international tax avoidance, and one touched on by Taxwatch’s first report. The aspiration of the OECD reforms to the international...
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