Taken for a Ride: Uber’s Global Business Model
It is widely understood that Uber’s business model represents a direct attack on working conditions and workers’ rights. What is less well understood is how the Uber’s business model undermines global funding for public services.
In 2019, Uber’s top Dutch shell company, controlling more than 50 other Dutch subsidiaries, pulled in over $5.8 billion in operating revenue from countries around the world, excluding the US and China. The direct transfer of revenue from around the world to the Netherlands leaves little, if any, taxable profits behind.
CICTAR has examined how this has been achieved, and the implications for public services across the globe.
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