That's the price of using a fictional entity to shield one from liability. | Hacker News

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		darkarmani on April 5, 2021 \| parent \| context \| favorite \| on: Netflix Made Record Profits in 2020, Paid a Tax Ra... That's the price of using a fictional entity to shield one from liability.

frankydp on April 5, 2021 [–]

Both entities provide liability protection. And the taxes are simply differed not omitted.

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