In a development that is sure to shock gamers everywhere, Grand Theft Auto and Red Dead Redemption developers Rockstar Games and publishers Take-Two Interactive have apparently paid no corporation tax in the United Kingdom in ten years.
According to a think tank group known as TaxWatch UK the United Kingdom branch of Rockstar, Rockstar North has obviously been paying some taxes to the government but has apparently been receiving more in tax breaks then it has been paying back. According to this report, the Grand Theft Auto developer has claimed well over £42 million in Video Game Tax Relief between 2015 and 2017 alone. However, Take-Two and Rockstar North claim that they have only made roughly £47.3 million between 2013 and 2018 in sheer pre-taxed profit. And this claim is raising some eyebrows.
Since it was released in 2013, Grand Theft Auto V has been the single most profitable piece of entertainment media in history. While video game companies are often shy about releasing actual sales figures and expenditures regarding their games, it is estimated that Grand Theft Auto V has made well over $6 billion between game sales and money raked in from microtransactions with $5 billion of this in sheer profits. This has caused TaxWatch to raise some serious questions regarding what Rockstar and Take-Two are claiming and are demanding an investigation into the company and its practices.
As of the writing of this article, Rockstar and Take-Two have not commented on the report.
What do you all make of this news? Does it surprise you that Rockstar and Take-Two might be avoiding paying any taxes in the United Kingdom? Can Grand Theft Auto V possible be making so little money for the company? Let us know what you think in the comments below!
Grand Theft Auto V is now available on Xbox One, PS4, PS3, Xbox 360 and PC.
Henry Cavill’s ‘The Witcher’ Debuts New Poster & First Look Photos
Netflix has released a brand new poster for the Henry Cavill series The Witcher along with a slew of first look photos.
A stunning poster for the upcoming Netflix series The Witcher made its debut this morning, featuring Henry Cavill as Geralt of Rivia. In addition, Netflix also dropped the first official photos of Anya Cholatra as Yennefer and Freya Allan as Ciri as well as two more stills that offer fans a fresh look at Geralt.
You can check out the poster below and the new photos in the gallery by clicking "Next."
Based on the fantasy series of novels and short stories by Andrzej Sapkowski, Netflix’s The Witcher will follow the monster slayer for hire named Geralt of Rivia (Henry Cavill). Showrunner Lauren S. Hissrich will also serve as an executive producer on the series while Alik Sakharov, Alex Garcia Lopez and Charlotte Brändström are on board as directors for the eight-episode first season.
Here is the official synopsis for The Witcher:
Based on the best-selling fantasy series, The Witcher is an epic tale of fate and family. Geralt of Rivia, a solitary monster hunter, struggles to find his place in a world where people often prove more wicked than beasts. But when destiny hurtles him toward a powerful sorceress, and a young princess with a dangerous secret, the three must learn to navigate the increasingly volatile Continent together.
The Witcher stars Henry Cavill as Geralt of Rivia, Freya Allan as Ciri, Anya Chalotra as Yennefer, Jodhi May as Queen Calanthe, Bjorn Hlynur Haraldsson as Eist, Adam Levy as Mousesack, MyAnna Buring as Aretuza, and Millie Brady as Princess Renfri, with Mimi Ndiweni and Therica Wilson-Read as novice sorcerers.
The Witcher will be available on Netflix in late 2019. Stay tuned for the latest updates on the upcoming Netflix series.