Birdwatch Note Rating
2024-03-24 16:59:35 UTC - HELPFUL
Rated by Participant: 607CCC45FCE8158A25302617919C661EDDF4DD4200A5D3DA911AE3F072A0F4E0
Participant Details
Original Note:
Netflix reported $17.592 billion in pretax profits between 2018 and 2022 and income tax expenses of $2.144 billion. That's an effective tax rate of 12.2%. Their US Federal tax rate is about 1.6%, but the majority of Netflix's subscribers are outside the US. https://seekingalpha.com/symbol/NFLX/income-statement https://www.statista.com/statistics/250937/quarterly-number-of-netflix-streaming-subscribers-in-the-us/
All Note Details