Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by JdeBP on Wednesday February 06, 2019 @12:02PM
(#19096982)
Netflix unaudited numbers for the 12 months ending 2018-12-31 were published on the 17th of last month. 15.216M USD in income tax paid, if I am reading the statement correctly. Income before tax during that period is stated to be 1.226G USD. Income tax rebate of 73.608M USD in the 12 months ending 2017-12-31, for comparison.
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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by tc313 on Wednesday February 06, 2019 @02:25PM
(#19098797)
According to the supplemental items on the cash flow statement, Netflix technically paid $131 million in cash for income taxes during fiscal 2018. But it's true that it only owes $15 million for its operations during the year.