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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by throwaway667555 on Tuesday April 06, 2021 @06:40PM (#26718288)
I don’t see the assets on their balance sheets? I.e, they’re being expensed. Our disagreement is about the definition of intangible asset. Under current regulations, intangible assets are understated versus reality. This is my point.

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