Ladbrokes Must Pay $100 Million in Taxes

March 27, 2018

Taxes, it doesn’t matter where you live are something you must pay. How much you end up paying is always based on the income you make and current tax laws. Ladbrokes was hoping to get a reprieve from paying $100 million in taxes, but it does not seem to be working. Before one can understand the denial from the UK court system, one must first know what the big deal is regarding Ladbrokes. In 2008 a tax loophole existed where corporations like Ladbrokes could take a tax write off. The write off had to do with loans the company had… Read More