ExtraTorrent.cc - The Largest Bittorent SystemLogin   |   Register
Latest Articles
Most searched
Hot torrents
First Cams
View Torrent Info: Moana 2016 HD-TS XviD AC3-CPG
View Torrent Info: Shut.In.2016.HDCAM.x264 - Lesnar
View Torrent Info: Fantastic Beast and Where To Find Them 2016 HD-TS x264-CPG
View Torrent Info: Arrival 2016 HDCAM x264 AC3-TuttyFruity
Hot torrents
XVID DIVX
View Torrent Info: Santas.Boot.Camp.2016.HDRip.XviD.AC3-EVO
View Torrent Info: Rupture.2016.HDRip.XviD.AC3-EVO
View Torrent Info: Miss.Peregrines.Home.for.Peculiar.Children.2016.BRRip.XviD.AC3-ETRG
View Torrent Info: Storks.2016.BRRip.XViD-ETRG
Hot torrents
H264 X264
View Torrent Info: Sully.2016.720p.BRRip.x264.AAC-ETRG
View Torrent Info: Storks.2016.720p.BRRip.x264.AAC-ETRG
View Torrent Info: Eliminators.2016.720p.BRRip.x264.AAC-ETRG
View Torrent Info: Morgan.2016.720p.BRRip.x264.AAC-ETRG
Hot torrents
Television
View Torrent Info: UFC The Ultimate Fighter 24 Finale HDTV x264-Ebi [TJET]
View Torrent Info: Bellator 166 Dantas vs Warren 2 HDTV x264-Ebi [TJET]
View Torrent Info: Ghost.Adventures.S13E10.Dumas.Brothel.HDTV.x264-SPASM
View Torrent Info: Van.Helsing.S01E12.WEB-DL.x264-FUM[ettv]
View Torrent Info: Nenu Sailaja (2016)   EXTRAS 720p UNCUT HDRip x264 [Dual Audio] [Hindi DD 2.0 - Telugu 2.0] Exclusive By -=!Dr.STAR!=-
View Torrent Info: Morgan (2016) 1080p BDRip DUAL DD 5.1 x264 ~ PyZ
View Torrent Info: Kahaani 2 (2016) Hindi 1CD Desi Cam x264 AAC - Downloadhub
View Torrent Info: Air Bud (1997) 720p HDTVRip x264 Eng Subs [Dual Audio] [Hindi 2.0 - English 5.1] -=!Dr.STAR!=-
30s
Chat
To add new messages please Login or Register for FREE
Warning! Protect Yourself from Lawsuits and Fines!
Your IP Address is 54.87.121.0.   Location is United States
Your IP Address is visible to EVERYONE. Hide your IP ADDRESS with a VPN while torrenting!
ExtraTorrent strongly recommends using Trust.Zone VPN to anonymize your torrenting. It's FREE!

ExtraTorrent.cc > Articles > Netflix Paid No Corporation Tax in United Kingdom

Netflix Paid No Corporation Tax in United Kingdom

Netflix Paid No Corporation Tax in United Kingdom

Added: Wednesday, December 23rd, 2015
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2015
Despite having about 4.5m subscribers in the UK, Netflix paid no corporation tax in 2014. According to reports, the service generated about £200m of revenue in the UK in 2014 but any profits from the United Kingdom last year were booked overseas. The investigation doesn’t suggest that the company has broken the law. Netflix features award-winning series like Orange is the New Black or House of Cards and sells its subscription for a minimum of £5.99 a month.

house-of-cards-2.th.jpg


According to reports, Luxembourg-based Netflix International BV showed a net turnover of £415m and profits of £11.3m last year, and UK subscribers made up most of turnover. Netflix paid income tax in Luxembourg at a rate of about 5%. In response, the service explained that it was in “expansion” mode, suffering overall losses on its international operation. Neflix said its British subsidiary employs only a dozen people and will pay some corporation tax in 2015, assuring the investigators that the company fully complies with all applicable rules. Earlier this year, it was reported that despite accounting for over 65m subscriptions worldwide, the cost of 3rd-party content on the service was $7.7bn, about 4.6 times its net revenue.

The United Kingdom is estimated to be Netflix’s biggest market outside the United States, where it accounts for over 40m subscribers. The industry watchers predict the number of UK subscribers to reach 9.5m by the end of the decade. In the meantime, Netflix has been facing increasing competition from rivals like Amazon, Hulu and HBO in the United States. As for the United Kingdom, Neflix considers Amazon Prime to be its closest rival in this country.

Posted by: 
SaM

Date:  Wednesday, December 23rd, 2015



Comments (0) (please add your comment »)

No comments

Articles Search
Most Popular Stories
Articles Categories
Articles Tags


Home - Browse Torrents - Upload Torrent - Stat - Forum - FAQ - Login
ExtraTorrent.cc is in compliance with copyrights
BitCoin: 12DiyqsWhENahDzdhdYsRrCw8FPQVcCkcm
Can't load ExtraTorrent? Try our official mirrors: etmirror.com - etproxy.com - extratorrentonline.com - extratorrentlive.com
2006-2016 ExtraTorrent.cc5