Company received figure despite making an estimated £700m from
British subscribers
Netflix received a €57,000 (£51,000) tax rebate from the
UK government last year, despite making an estimated £700m from British subscribers bingeing on fare from The Crown to Stranger Things.
Netflix’s UK financial filing states the company reported revenues of €48m last year, and pre-tax profits of €2.3m, because the hundreds of millions of pounds it makes from British subscribers’ monthly fees are funnelled through separate accounts at its European headquarters in the Netherlands.