Rockstar Games made £4b between 2013-19, paid no corporate tax in the UK, claimed £42m in tax relief

Multinationals are excellent players of the global financial tax system, using "profit shifting" (through which operating profits are remitted to phony sister companies in tax havens as "licensing fees" or "management fees") to make it look like wildly profitable companies are losing money, making them eligible for tax relief and rebates -- thus it is that companies can rake in billions and then receive millions more in corporate welfare. Read the rest

The UK grew rich by looting the world; now it launders billions for other looters

The British empire was a globe-spanning criminal enterprise that produced vast riches for England (and, to a lesser extent, Scotland and Wales) by stealing the lands of others while slaughtering and enslaving them; today the empire is in decline and the UK is no longer reliant on direct looting. Read the rest

How to tax big tech

Double-taxation is bad news, for sure, but the use of offshore tax-havens and profit-shifting allows big companies, especially tech companies, to hide their profits from taxation, starving the treasuries of the countries they colonize and giving them an unfair advantage over their smaller, domestic competitors. Read the rest