Clearly that the development company of `` Grand Theft Auto V '' avoided tax payments of more than 11.4 billion yen, rumor with GTA latest production cost


by

daviv cole

Rockstar North , the developer of the most popular game `` Grand Theft Auto V (GTAV) '', which has sold over 100 million units worldwide and is one of the best-selling games in the world, has a UK tax credit It turned out that the profit of more than 11.4 billion yen was obtained by using the system.

Rockstar takes the pot – 2019 accounts show huge increase in Grand Theft Auto tax claim – Tax Watch UK
https://www.taxwatchuk.org/rockstar_2019_tax_relief/

Rockstar and UKIE respond to Taxwatch UK's £ 37.6 million tax relief report-VG247
https://www.vg247.com/2020/01/20/rockstar-taxwatch-uk-vgtr-tax-relief-report-ukie-rockstar-response/

GTA 6 development apparently confirmed in Rockstar Games' tax returns-VideoGamer.com
https://www.videogamer.com/news/gta-6-development-apparently-confirmed-in-rockstar-games-tax-returns



The British think tank Tax Watch UK said on January 19, 2020, that Edinburgh-based Rockstar North will receive £ 37.6 million from the Video Games Development Tax Relief (VGTR) in 2019 (About 5,386,550 yen). '

VGTR is one of the UK's (PDF file)

creative industry preferential tax treatment which prefers corporate tax for companies active in fields such as film, animation, culture and arts, and clears conditions such as `` works like British '' And part or all of the game development costs are eligible for reduction.

Tax Watch UK has so far disclosed that Rockstar North using VGTR has not paid any corporate tax.

It turns out that the development company of `` Grand Theft Auto V '' that sold 650 billion yen did not pay any corporate tax of 1 yen-GIGAZINE


by BagoGames

The VGTR certification requirements are very ambiguous, and Rockstar North's parent company Rockstar Games released in October 2018 released `` Red Dead Redemption 2 '' modeled on the United States in the western era, `` It seems to be British It is certified as a work.

Tax Watch UK has announced that Rockstar North's tax credit in 2019 will account for 37% of the UK video game industry's total. In addition, since the VGTR was enacted, Rockstar North has earned a total of $ 80 million in tax deductions, accounting for one-quarter of the system's total deductions. I am.

It has also been pointed out that game development companies that benefit from VGTR are becoming more polarized. Of the 345 VGTR claims in 2019, 315 had a deduction of less than £ 1 million, for a total deduction of £ 30 million. On the other hand, only 29 cases exceeded £ 1 million, totaling £ 35.4 million, or more than half of the total system deduction. Among the big companies that use VGTR, Rockstar North's bill is outstanding, more than five times that of the second-largest company.

Tax Watch UK commented, `` It is a wonder if the huge investment paid by the UK taxpayer to Rockstar North will benefit the UK '', a tax system originally designed for small businesses Said they were being abused by large companies.


by

duallogic

On the other hand, spokesman of Rockstar Games video game blog VG247 response to an inquiry of support was the success of the United Kingdom production game to 'VGTR, not only contribute significantly to the UK economy and tax revenues, the game developed over the future This solidifies the UK's position at the forefront, in fact, this tax cut has allowed us to significantly increase our investment in the UK and create more than 1,000 jobs across the UK, including London Lincoln Yorkshire Scotland I did. '

'Every £ 1 invested in the game industry through VGTR returns £ 4 gross value to the UK economy,' said The Association for UK Interactive Entertainment (UKIE) , a UK gaming industry association. Importantly, VGTR supports as many as 4320 productive full-time workers, 'he emphasized the effectiveness of VGTR.


by nd3000

In addition, in a report from the British letter The Guardian, not only Rockstar Games is teaching the benefits of VGTR, but also Warner Media , which has the movie company Warner Bros. , as well as Japanese companies Sony and Sega 2000 It has been found that profits in excess of £ 10,000 (about 2.8 billion yen) are obtained from the preferential tax treatment for creative industries.

Some observers also expect new GTA series from the announcement of Tax Watch UK. Videogamer.com, a gaming information site, said, 'Rockstar North has not released any' UK works 'that are eligible for VGTR since GTAV and Red Dead Redemption 2. The fact that the deduction showing the cost is charged indicates that the latest work of GTA which costs much more than GTAV is being spent, '' said the development of the new game Pointed out that it is in progress.

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