How much tax do the owners of daily mail

The owners of the Daily Mail, the Daily Mail and General Trust (DMGT), are a private company and therefore do not publicly disclose their tax payments. However, I can provide some information on the company's financial performance and tax obligations.

The Daily Mail and General Trust is a British media company that owns a portfolio of newspapers, magazines, and online businesses, including the Daily Mail, The Mail on Sunday, and Metro. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 index.

According to DMGT's annual reports, the company's tax expense has varied over the years. In 2020, the company reported a tax expense of £34.4 million (approximately $45.5 million USD) on a profit before tax of £143.8 million (approximately $189.5 million USD). This represents a tax rate of around 24%.

It's worth noting that the company's tax obligations are likely to be complex and influenced by a range of factors, including the company's global operations, the jurisdictions in which it operates, and the tax laws and regulations applicable to its businesses.

In terms of the individual owners of DMGT, the company is controlled by the Rothermere family, who have a significant stake in the business. The family's ownership is through a complex web of trusts and holding companies, making it difficult to determine the exact amount of tax they pay.

However, it's worth noting that the Rothermere family has been criticized in the past for their tax avoidance strategies. In 2016, the Paradise Papers leak revealed that the family had used offshore trusts to reduce their tax liability. The family has denied any wrongdoing and has argued that their tax arrangements are legal and compliant with UK tax laws.

It's also worth noting that the UK government has introduced various measures in recent years to combat tax avoidance and evasion, including the introduction of a diverted profits tax (DPT) and a digital services tax (DST). These measures are designed to ensure that large corporations, including media companies like DMGT, pay their fair share of tax on their UK profits.