According to Institute of Taxation and Economic Policy,
@Netflix continues its tax avoidance streak, reporting an effective federal corporate income tax rate of 1.1 percent in 2021 on $5.3 billion in profits.
* The company avoided more than $1 billion in taxes in 2021 alone.
* Netflix has enjoyed $10.5 billion of U.S. pretax income and has reported just $81 million of current federal income tax, for a total four-year effective tax rate of 0.8 percent.
The company avoided $2.2 billion in taxes

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It’s like they told us three years in advance they were going to shoot themselves in the foot

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I'm cancelling finally after a decade

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