Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes

February 5, 2019

Hugely profitable tech company provides first look at how corporations are faring under new tax law

The popular video streaming service Netflix posted its largest-ever U.S. profit in 2018­­—$845 million—on which it didn’t pay a dime in federal or state income taxes. In fact, the company reported a $22 million federal tax rebate...