ViacomCBS Avoided Nearly $4 Billion in Tax on Franchises Like Spongebob and Star Trek: Report

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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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Source : ViacomCBS Avoided Nearly $4 Billion in Tax on Franchises Like Spongebob and Star Trek: Report