1.6% tax rate for The Rolling Stones

The Rolling Stones, the world’s oldest rock band, has paid just £3.8m in taxes in two decades of music making and touring.

According to The Independent, Mick Jagger and company, earned £240m over the last 20 years, but paid just 1.6% of this back in taxes because the band operates through a Netherlands based company.

The band’s tax rate is so low because there is no direct tax on royalties in the Netherlands, unlike in other countries.