Fazer Owners Club - Unofficial › General › General v
Formula One pays just £1million corporation tax on £300million profit

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Linear Mode
Formula One pays just £1million corporation tax on £300million profit
VNA Offline
GP Hero
******
Posts: 3,546
Threads: 30
Joined: Oct 2011
View Submissions | Download History
#1
24-07-13, 10:23 AM
F1, which is run by billionaire Bernie Ecclestone, made a net contribution of £945,663 ($1,468,000) in corporation tax in 2011 on revenues of £980m ($1.5bn) – even though the majority of its commercial operations are based in the UK.

http://www.independent.co.uk/news/uk/pol...rnalSearch
Find
Reply


Messages In This Thread
Formula One pays just £1million corporation tax on £300million profit - by VNA - 24-07-13, 10:23 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)