TVNZ: Popular ride share app Uber has been accused of not paying its fair share of taxes in New Zealand.

Coverage
Written By Toby Quantrill

TVNZ covers CICTAR’s report, developed with First Unions, which claims the ride share service shifted millions of dollars overseas in what it calls 'inter-company service fees' in order to lower its New Zealand tax bill.

CICTAR’s Ed Miller is interviewed, arguing the government would have missed out on “tens of millions of dollars worth” of corporate tax revenue.

According to Uber's most recently available annual report, in 2023 the company made $365 million in revenue in Aotearoa but reported a profit of $4.5 million.

Miller said this is because the vast majority of the company’s revenue here is "sent offshore as what they call 'inter-company service fees'".

Toby Quantrill
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