GTA 6 development apparently confirmed in Rockstar Games’ tax returns - braswellupostablike

Rockstar Games has claimed £37.6 million in GB tax breaks from the Video Game Tax Sculptural relief Fund in 2019, and this is same to be spent on the next Grand Theft Auto halting (via VG247).

Tax Watch UK, an investigative think factory, has publicized its report on Rockstar Games' 2018/2019 tax returns, and has aforesaid that the company snapped up a critical share of the GB Picture Games Tax Easement investment company. For the uninitiated, this fund is a points-based mental test on the cultural meaning of the video game. Its setting, the location of the studio apartment(s), its employees, its cultural contribution, and whether the game "reflects Brits creativity" are categories upon which the halt is judged on. If studios nock over half of a possible 31 points, they modify for the assess break. In 2018/2019, Rockstar North in Edinburgh claimed almost 40 per cent of the total tax stand-in claims in the industry.

Tax Watch UK isn't happy about this. Last twelvemonth, the publishing house was also accused of paying no corporation tax between 2009 and 2018, garnering an estimated profit of £4.1 jillio during those ball club years. The think tank added that Rockstar Games has soaked up a quarter of whol the embossment claimed from the government since the fund's inception happening only two games. This fact is critical to the rumoured Grand larceny Car VI, because "the company has not registered some other games as being 'Culturally British', the pre-essential required to stipulate for the relief, since GTA V." Therefore, Tax Watch United Kingdom of Great Britain and Northern Irelan is confident that the £37 million in tax rest received by Rockstar Games "relates to the production of the next edition of GTA, rumoured to be scheduled for release soon."

Companies are able to name interim claims for the tax relief fund spell a game is in development, and Rockstar Games' claims ingest accumulated to suggest that whatsoever its side by side picture is will "cost far more than the $137m spent along GTA V." With the Xbox Series X and the PlayStation 5 pitching towards a latish 2020 release, it's workable that we will see what the publisher has been workings away on with the launch of the following generation.