Uber paid ZERO UK corporation tax last year – despite £11.3 million turnover – Metro


Metro

Uber paid ZERO UK corporation tax last year – despite £11.3 million turnover
Metro
An Uber spokesman told Metro.co.uk: 'Corporation tax is paid on profits not revenue. And, as Mr Leach will know, past losses offset future profits. Deferred tax is an accounting principle that dates back to Benjamin Disraeli to encourage investment. It
US firm Uber paid no UK corporation tax last year despite raking in £11 Daily Mail
Uber paid no corporation tax in 2014 by 'exploiting loopholes'RT

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Source: Tax

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