(Breitbart) Streaming giant Netflix apparently did not pay a penny in federal or state income taxes despite posting profits exceeding $845 million, according to a review of their tax filings.

The online entertainment service reported a profit of more than $845 million in 2018, but also reported a $22 million federal tax rebate, according to the Institute on Taxation and Economic Policy (ITEP), the Daily Mail wrote.

ITEP noted that Netflix is still “exploiting loopholes” in the tax code that helped it gear up to become one of the nation’s leading entertainment companies.

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