Netflix is facing growing scrutiny of its tax affairs, with ex-minster Dame Margaret Hodge accusing the steaming service of ‘superhighway robbery’.
The company is estimated to have made annual pre-tax profits of £69m on revenues of £1bn from its UK customers.
Analysis by Tax Watch UK said this would result in tax liabilities of £13m if the profits were declared here.
Tax Watch explained that UK subscriptions are booked through a Dutch subsidiary.
It also found 19 companies controlled by Netflix operating in the UK. Only one of these, Netflix Services UK, has filed accounts.
The rest are recently established.
The Tax Watch report can be found here.