Uber simply does not respect the people in Britain. Before it had even begun to operate in this country, Uber had designed its company structure so that UK profits are diverted through the Netherlands. All perfectly legal, but it means this $50bn company paid £22,134 in corporation tax from a profit of £866,000 in the UK in the last financial year.
It also lost something like $1 billion globally. So, under Ritchie’s unitary taxation Uber would have got a whacking great big tax credit. Tax dodging bastards that they are, they paid a wedge in instead.
And we’re supposed to complain about this?