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 lossNetflix paid no UK corporation tax last year despite being estimated to believe around 4.5m subscribers in the country, it has been reported. The video streaming service behind award-winning series such as Orange is the fresh 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. Continue reading...
Source: theguardian.com