Comment on Netflix to declare more than $1.3 billion in UK revenue, increasing pressure on other big tech firms over their favorable tax ar

Netflix to declare more than $1.3 billion in UK revenue, increasing pressure on other big tech firms over their favorable tax ar

Netflix. Photo by Britta Pedersen/picture alliance via Getty Images Netflix on Saturday said it would declare more than $1.3 billion in UK revenue, according to The Guardian. The move is likely to put pressure on other tech giants like Amazon and Google, many of which use tax jurisdictions to their favor. The streaming giant has about 50 productions based in the UK, including "The Crown" and "The Witcher," with plans to double UK spending, Variety reports.

 

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