Australians spent up to $1 billion on Netflix last year, but it cost the streaming startup very little in tax

- October 28, 2019 < 1 MIN READ

A Netflix subscription costs between $120 and $240 a year. But when you buy one in Australia, paid in Australian dollars, for the Netflix Australia service, the seller is actually a Dutch-based subsidiary of the US-listed global streaming giant. The money goes straight to the Netherlands, which may partly explain why the company paid just… Read more »