Netflix to Settle Tax Dispute With Italy for $59.1 Million, Opens First Office in Rome Hiring Over 40 Employees

Netflix has agreed to settle a tax dispute with Italy for a period covering October 2015 to 2019. The US streaming service has been asked to pay EUR 55.8 million (around Rs. 460 crore). As a backdrop to the payment agreement, Netflix has now opened an office in Italy, setting up a base in Rome and hiring more than 40 employees.

from Gadgets 360 https://ift.tt/QgvZA9E

Comments

Post a Comment

Popular posts from this blog

HBO Max will cost $14.99 per month and launch in May 2020

Image
AT&T and WarnerMedia just announced the pricing of their HBO Max streaming service, along with sharing more details about the timing and content lineup. The service will cost $14.99 per month — the same price as HBO Now. WarnerMedia also says it will be free for HBO Now subscribers and for viewers who subscribe to HBO via AT&T. And it will launch in May of next year. The announcement came at an event for investors and media, where HBO’s Casey Bloys also revealed that the network has greenlit a Game of Thrones spin-off called House of the Dragon , based on George R.R. Martin’s book of Westerosi history, Fire and Blood  (perhaps explaining why  a previously announced spin-off that was recently canceled ). The company also revealed that HBO Max will be the exclusive streaming home of South Park . Plus, Elizabeth Banks, Issa Rae and Mindy Kaling are all developing new shows for the service — and  Arrow and Riverdale producer Greg Berlanti announced that he’s working on the new
Read more