Netflix’s crown slips over tax avoidance claims

Netflix’s tax arrangements have again come in for scrutiny after it emerged that not only did the streaming service manage to pay zero UK corporation tax over the  last financial year, but that it also wrangled a £174,000 rebate from the government.
The entertainment provider earns around £500m per annum from British subscribers, fueling a global market capitalization of £131bn, but recorded a pre-tax profit of a paltry €1.2m last year.
Netflix achieved thi