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A comment on Netflix Made Record Profits in 2020, Paid a Tax Rate of Less Than 1 Percent.

Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by HotAirBalloons on Monday April 05, 2021 @06:45AM (#26697353)
Unfortunate as it may be, this isn't shocking to me any more. Where are efforts being made to counteract the clustercuss of a situation where the larger you are, the more you can pay your accounting team to diminish your tax burden?
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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by tlholaday on Monday April 05, 2021 @06:58AM (#26697453)
> ... the more you can pay your accounting team ...

I would wager the typical Hacker News reader would be able to explain accelerated depreciation after sixty seconds of reading the instructions for Schedule C. It's not arcane.

[ Parent | on HN ]
Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by lotsofpulp on Monday April 05, 2021 @07:16AM (#26697584)
I might accept that wager based on the other comments here.
[ Parent | on HN ]