Should we mention Netflix?

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Starbucks tells us that its brand purpose is to build community while doing everything it can to minimize its tax payments .

In 2017, Starbucks paid just 2.8% in taxes .

And what do Nike, Zoom, FedEx, Salesforce, Verisign, Xilinx and many other brands have in common? According to the Institute of Economic and Tax Policies (Itep), they paid $0 in Federal Taxes in 2020 .


Netflix continues its tax-dodging streak , reporting an effective pakistan phone number list federal corporate tax rate of 1.1% in 2021 on $5.3 billion in profits.

The company avoided more than $1 billion in taxes in 2021 alone.

At a time when many small businesses are facing pandemic-related challenges, Netflix is ​​among the large corporations that are profiting handsomely from the shift in consumer behavior.

However, its UK-generated sales and profits are shifted elsewhere and many are asking whether and when the company will start paying any corporation tax .