>> Among the mechanisms Netflix is using to achieve its next-to-nothing tax liab... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		TuringNYC on April 5, 2021 \| parent \| context \| favorite \| on: Netflix Made Record Profits in 2020, Paid a Tax Ra... >> Among the mechanisms Netflix is using to achieve its next-to-nothing tax liability are accelerated depreciation (which appears to have cut the company’s tax expense by $148 million); deductions for stock options for Netflix executives... Remember the corps used to get in trouble for not deducting stock options. Now it has turned into a "mechanism to achieve its next-to-nothing tax liability"

beaconstudios on April 5, 2021 [–]

Journalists just trying to make them look like tax dodgers.

Which they are, as discussed elsewhere in this thread, but the journalist doesn't know enough to point to the actual problematic behaviour.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact