It’s tough times for Uber in Taiwan, as the company possibly faces a massive $6.3 million tax bill there.
The government has reportedly asked the U.S. ride-sharing firm to pay up in back taxes owed since it entered the market in 2013, reports Reuters.
SEE ALSO: Uber drivers are under criminal investigation in Finland
Uber had not previously been liable for the tax, but regulators have reworked the tax structure for foreign online businesses, and now say Uber is on the hook.
According to local reports, the finance ministry met with foreign companies like Uber, Apple and Agoda last Thursday to brief them on the new tax framework. Ministry officials said there is a 5 percent sales tax required of ecommerce businesses. …
More about Ride Hailing Apps, Taiwan, Uber, Business, and Transportation – Source
Uber facing massive $6.3 million bill in back taxes in Taiwan
No comments:
Post a Comment