Uber Australia's latest financial accounts show revenue flowing offshore, while also revealing an $81.5 million payroll tax bill.
Uber Australia has continued its longstanding practice of sending revenue to its head company in the Netherlands.Uber's financial accounts show that the directors of Uber Australia Holdings for the 2020 year were its own tax advisers
In 2015, Uber told a Senate corporate tax avoidance inquiry that about 25 per cent of each transaction in Australia was routed to its head company in the Netherlands. Uber Australia reported more than $1 billion in revenue and almost $7 million in profit after tax for the 2020 year. This is compared to $906 million in revenue and $1.6 million in profit after tax in 2019.
Its accounts state it paid $17.3 million in corporate income tax, up from $11.1 million the year before.An Uber spokeswoman did not respond to ABC News questions about its financial accounts and the company's offshore structures, but said she was pleased that after eight years in Australia the company's brands Uber and Uber Eats "continue to show strong growth".
"The group considers that payroll tax should have no application to arrangements with Driver Partners and has not remitted payroll tax on payments received by Driver Partners on this basis."
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