Netflix shifts 92pc of $1.1b Australian revenue offshore
Netflix pocketed more than $1.1 billion from Australian customers last year and shifted more than $1 billion – 92 per cent – of that to its US parent company, documents filed with the corporate regulator reveal.
Accounts lodged with the Australian Securities and Investments Commission for the year to December 31 reveal the extraordinary amount the streaming giant behind Stranger Things, Bridgerton and Baby Reindeer makes in Australia.
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