Uber sends 25% of each sale offshore and is yet to turn a profit: Government urged to cut company tax to level the playing field

Uber and Airbnb came under significant scrutiny at yesterday’s Senate inquiry into corporate tax minimisation but there is actually very little the Government can do to stop profit-shifting, according to one of the peak bodies representing Australian businesses.
Yesterday afternoon, ridesharing startup Uber revealed it sends about 25% of each
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