Uber fights back over tax in Australia

Uber

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Uber is not taking what it considers to be unfair tax obligations in Australia lying down.

Instead, the ride-share company filed a challenge in the Federal Court Friday against the Australian Taxation Office (ATO) to push back against a ruling that required its drivers to register for the 10% Goods and Services Tax (GST) by August 1.

Back in May, the ATO issued guidance regarding the taxation of sharing economy services like Uber and Airbnb. The ruling impacted Uber significantly — the department said that as Uber drivers were providing a "taxi service," individuals would be required to pay GST from the very first customer and regardless of turnover. Most small businesses are only required to pay GST once they are earning more than A$75,000 a year. Read more…

More about Tax, Australia, Uber, Business, and Startups

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via www.EliteLimo.co

The post Uber fights back over tax in Australia appeared first on Elite Limo Blog.

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