Netflix Accused of ‘Superhighway Robbery’ by British Lawmaker After Tax Avoidance Report

Labor News, Industry News

Credit: Michael Haddad for Variety

Reprinted from Deadline Hollywood by Jake Kanter on February 4, 2020.

British lawmaker Dame Margaret Hodge has piled into Netflix over its tax affairs after a report last month accused the streamer of funneling as much as $430M of its international profits into tax havens.

Hodge secured a debate on Netflix in British Parliament late on Monday evening, and said the company was carrying out a “superhighway robbery” by minimizing its tax bill, while at the same time receiving more than $1M in tax credits in the UK for shows like Sex Education.

“I am all for encouraging Netflix’s growth here, but I am afraid that that in no way mitigates its refusal to pay its fair share of tax,” the former chair of Parliament’s Public Accounts Committee told MPs. …

[Netflix is currently negotiating with the IATSE.]

Deadline Hollywood 2/4

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About Jeffrey Burman 5245 Articles
Jeff Burman served on the Guild’s Board of Directors from 1992 to 2019. He is now retired. He can be reached at jeffrey.s.burman.57@gmail.com.

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