Netflix Paid Zero in Taxes on Record $845M Profits in 2018

“Streaming giant Netflix apparently did not pay a penny in federal or state income taxes despite posting profits exceeding $845 million, according to a review of their tax filings.

The online entertainment service reported a profit of more than $845 million in 2018, but also reported a $22 million federal tax rebate, according to the Institute on Taxation and Economic Policy (ITEP), the Daily Mail wrote.”

https://www.breitbart.com/entertainment/2019/02/08/netflix-paid-zero-in-taxes-on-record-845m-profits-in-2018/