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65 Million Pounds Loss - Q. P. R.


fatchers

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I doubt the owners are worried at all !

 

Its similar to our position in that we want to always be in debt, hence when SL donated the millions the other week he left us still 10 mil in debt, that way we don't pay tax as you cant pay tax on a loss.

 

I suspect QPR are owned by a holding company which also owns several other companies and those said companies are making profit.

 

Company 1,2, and 3  makes 168 million profit

Company 4 (QPR) makes 170 million LOSS

 

Holding company therfor makes a loss of 2million = no tax needed to be paid !

 

Its all a Tax dodge which is why these foreign millionaire's are buying up money pits !

nail, head

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No they neeed QPR and Caterham (F1) to lose money so their airline dosnt need to pay tax

How can losing money ever be an economic way of avoiding tax? The loss is always greater than the tax saved. It's tantamount to being happy with a pay reduction because you'll pay less income tax.

They would be far better off if QPR were also making a profit.

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