Netflix has revealed that it plans to start declaring its true UK revenue amid growing political pressure on the streamer and reports investigating its low tax bill.“As Netflix continues to grow in the UK and in other international markets we want our corporate structure to reflect this footprint,” a Netflix spokesman told The Guardian. “So from next year, revenue generated in the UK will be recognised in the UK, and we will pay corporate income tax accordingly.”Netflix’s UK holding company, Netflix Services UK, declared revenue of just €48M ($57M/£43M) in 2018 — its most recent UK earnings — despite the streamer having an estimated 10M British subscribers at the time.That’s because Netflix’s British company provides services to
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