Netflix paid no corporation tax despite 4.5m UK subscribers, report claims
by Haroon Siddique from Technology | The Guardian on (#Y93Q)
Streaming service apparently generated 200m in revenue from UK and paid no tax but company says its rapid expansion means overall it is making a loss
Netflix paid no UK corporation tax last year despite being estimated to have around 4.5m subscribers in the country, it has been reported.
The video streaming service behind award-winning series such as Orange is the New Black and House of Cards charges customers a minimum of 5.99 a month to subscribe and has grown rapidly since its UK launch in 2012.
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