Trump’s tax reform: Man United post $40.4m loss

in #sport • 7 years ago

Man-united-logo.jpg

Trump’s tax reform: Man United post $40.4m loss

Published February 8, 2018
Manchester United blamed US President Donald Trump’s corporate tax reforms as the reason the Premier League giants posted a £29 million ($40.4 million) second quarter loss to the end of December 2017 despite a boom in broadcast income.

United said an exceptional “accounting write off of £48.8 million” had been made with the US corporate tax rate to tumble from 35 percent to 21 percent following Trump’s substantive enactment of US tax reform in December.

#news #man #united #complains
7 years ago in #sport by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.19
    TRX 0.19
    JST 0.034
    BTC 91725.63
    ETH 3093.11
    USDT 1.00
    SBD 2.83