Netflix

Netflix cuts about 1,000 jobs — 6% of staff

Netflix has announced layoffs of approximately 1,000 employees, about 6% of its workforce. These are the largest cuts since 2022.

Azerbaijan Introduces Digital Economy Tax from September 1

Starting September 1, Azerbaijan will enforce a new digital economy taxation mechanism, requiring foreign e-commerce platforms with annual turnover exceeding $10,000 to register with tax authorities.

State Tax Service Registers Four More International Companies

The State Tax Service has electronically registered Anthropic, Aghanim Inc., eBay Marketplaces GmbH, and Netflix International B.V. for tax purposes. Their VAT registration will take effect on September 1.