F1 » F1 pays just £1m in corporation tax

The group that owns and operates F1 motor racing made a profit of £305 million in 2012, but paid the UK government just £1 million in tax according to a prospectus for the forthcoming stock floatation.

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July 26, 2013 9:55 AM

who cares what other people do, don't get butt hurt if others know how to take advantage of a system you never bothered looking at.

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