> Netflix did it twice, and paid an average tax rate of 13.6 percent over the eight-year period
Carryover losses is the most likely reason, and focusing it on only one year makes for a good headline but terrible economic/policy analysis.
> Netflix did it twice, and paid an average tax rate of 13.6 percent over the eight-year period
Carryover losses is the most likely reason, and focusing it on only one year makes for a good headline but terrible economic/policy analysis.