My Uber driver in LA told me that his 25%-30% commissions are going to Netherlands for tax evasion. Is that true?
Is it true that the drivers' commissions go to Netherlands for tax evasion?
The Guru Take
Not quite, but some truth with their foreign income
You must have been speaking to a frustrated driver that didn't have much liking for his/her boss, Uber. :)
The driver must have been referring to the Fortune article that came out last year about how Uber established a separate business in Netherlands so their income outside the US would be shielded from US taxes.
http://fortune.com/2015/10/22/uber-tax-shell/
PS the commissions is more like 20-25% :)
ippei
1202
Uber Driver, CEO of TaxiFareFinder and Unleashed, LLC
Comments
but everyone's doing it...
DRAIN THE SWAMP!!!
Thank you. So his commissions aren't going to the Netherlands.
Yeah, assuming you were taking the ride in US, no.