by Alex Dunnagan | Sep 24, 2020
Netflix has agreed to respond to TaxWatch’s investigation into the company’s tax affairs after a request from the Digital, Culture, Media and Sport (DCMS) Committee. Our report revealed that the TV giant had streamed up to $430m of profits into offshore tax havens in...
by George Turner | Apr 8, 2020
A new study has shown that large technology companies have historically paid more than four times in tax on their US profits than on profits made in the rest of the world. In our latest study, we looked at pre-tax profits reported by major multinational companies in...
by Alex Dunnagan | Feb 4, 2020
An adjournment debate on Netflix’s tax affairs was held in the House of Commons last night in response to research conducted by TaxWatch. Rt Hon Dame Margaret Hodge, Labour MP for Barking and chair of the All Party Parliamentary Group on Responsible Tax, called...
by George Turner | Feb 3, 2020
Netflix’s latest earnings report, published on 21 January, showed that 2019 was another bumper year for the company. Revenue in the 4th quarter was up 31% on the previous year, with the company clocking up $20bn in revenues worldwide over the course of the year....
by George Turner | Jan 14, 2020
14th January 2020 Key facts and figures: $1.2bn – Global profit of Netflix in 2018 Up to $430m – profit from international operations moved into tax havens in 2018 €48m – amount of revenue reported by Netflix’s main UK company, Netflix UK Services in 2018. £860m...
