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Given that GMG never make a profit I'd be interested in where that 29.4% came from. To my knowledge they pay very little tax as they're loss making. That aside
by retube 11y ago
Given that GMG never make a profit I'd be interested in where that 29.4% came from. To my knowledge they pay very little tax as they're loss making.
That aside they make well documented use of tax havens which per their rhetoric is BAD EVIL RICH COMPANIES AVOIDING tax so yeah, I do feel it's well hypocritical.
- infinity0 11y agoI think judging someone based on the tools they use to structure their tax focuses on the wrong thing, though it can help point us in the right direction on the worst offenders. The final end result (effective total rate paid [1]) is what matters, and for GMG it's about the same as you or I. [1] globally and across a long period of time, ofc