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Re: Netflix/Streaming Services
Quote:
Originally Posted by steveh
Amazon make such a small profit they wouldn't pay much in the way of corporate taxes anyway:
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That's because they keep re-investing in new Tech and expanding the business - if you use your profits for that, the tax is non-existent, as the spend on new stuff reduces your taxable profits).
For many years, they never made a profit, and they've never paid a dividend, either.
People often confuse turnover with profit - companies are taxed on profits, not turnover.
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Last edited by Hugh; 14-05-2016 at 11:41.
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