Paramount Pictures has found a way to avoid paying taxes on franchises including Spongebob Squarepants, Mission: Impossible, and Star Trek by routing revenue from international licensing through a complicated network of foreign subsidiaries, according to a new study.
ViacomCBS Avoided Nearly $4 Billion in Tax on Franchises Like Spongebob and Star Trek: Report
Gizmodo - 2 Jun 2021 00:05
Paramount Pictures has found a way to avoid paying taxes on franchises including Spongebob Squarepants, Mission: Impossible, and Star Trek by routing revenue from international licensing through a complicated network of foreign subsidiaries, according to a new study.
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