UK Tax Strategy: FY2026

Take-Two Interactive Software establishes its comprehensive tax strategy for the fiscal year ending March 31, 2026, specifically addressing the operations of its UK-based subsidiaries. The primary objective is to ensure full compliance with all applicable UK tax laws, including corporate income tax, VAT, PAYE, and customs duties, in accordance with the requirements of Schedule 19 of the Finance Act 2016. This policy serves as a governance framework to manage tax risks, maintain financial integrity, and uphold the company’s commitment to ethical business conduct.

The governance structure relies on strict adherence to the company’s Code of Business Conduct and Ethics, which mandates compliance with all local laws across global operations. To mitigate the inherent complexities of international tax regulations, the organization employs a proactive risk management approach. This involves monitoring legislative changes, utilizing external professional advice for uncertain tax positions, and maintaining internal controls overseen by senior personnel and the Chief Financial Officer. Furthermore, the strategy emphasizes that all intra-group arrangements are conducted on an arm’s length basis, reflecting commercial reality while leveraging available tax credits and incentives that align with broader business objectives.

Engagement with His Majesty’s Revenue and Customs (HMRC) is characterized by an open and cooperative relationship. The company prioritizes transparency, proactively discussing business activities and potential tax uncertainties with authorities to resolve differences efficiently. This strategy applies to a broad portfolio of UK entities, including various Rockstar Games subsidiaries, Gram Games, and NaturalMotion, ensuring a unified approach to tax compliance across the organization’s diverse UK-based development and operational segments.