Viagogo companies face £15m tax bill

VGL Services and IFOT Services say they believe HMRC's enquiry, which relates to 2016-18, has resulted in "double taxation"

Two UK divisions of resale platform Viagogo are facing a multi-million pound bill over a tax shortfall.

VGL Services and IFOT Services, whose ultimate parent company is US-based StubHub, have “recorded a provision related to a transfer pricing enquiry with HMRC”, according to documents lodged with Companies House.

The Guardian reports the businesses, which are both registered in London, have set aside a combined £15 million (€17.1m) to cover costs, and notes that there is no suggestion either company “deliberately…

You've used your free article this month

Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.

Subscribe Create a Free Account

Related Content

Back to top