Uber needs to explain how it paid only $9000 in tax when it earned $1m in revenue and is one of the fastest growing companies in the country, says Labour’s Finance spokesperson Grant Robertson.
“Uber New Zealand appears to be using the infamous ‘double-Dutch’ method of getting out of paying tax here by loaning large amounts of revenue to its parent company and others.
“That might not be illegal but it is unethical and shows the murky world of international tax. This is why we need to take action on multinational tax avoidance. The Government can’t just sit on its hands and leave it to the OECD.
“In the meantime the IRD should take a close look at Uber’s tax arrangements. Working people who pay their tax every week need to know the Government is on their side and cracking down on those who don’t pay their fair share,” says Grant Robertson.