ITEP company blog
Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Income Taxes
The popular video streaming service Netflix posted its largest-ever U.S. profit in 2018—$845 million—on which it didn’t pay a dime in federal or state income taxes. In fact, the company reported a $22 million federal income tax rebate.
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Tech Industry & BusinessSociety, Policy & Culture2019
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Feb 6, 2019 | Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Income Taxes by smacktoward | 567 | 488 |
