How Uber Achieves Global Tax Avoidance
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On March 10, 2021, the Australian-based Centre for International Corporate Tax Accountability and Research (CICTAR) released a report on Uber’s global tax avoidance strategies. The report claimed that in 2019, Uber used over 50 Dutch entities and one Singaporean entity to shift $5.8 billion in profits globally. Through tax planning, these Dutch entities reportedly accumulated up to $8 billion in tax losses, creating long-term conditions for Uber to significantly reduce its global tax burden.