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Uber paid £386M, or $490M, to UK tax authorities as part of a dispute over how its ride hailing app applies VAT to UK trips, but plans to appeal the decision (Charlotte Hughes-Morgan/Bloomberg) https://ift.tt/wbY0Ls3

Charlotte Hughes-Morgan / Bloomberg:
Uber paid £386M, or $490M, to UK tax authorities as part of a dispute over how its ride hailing app applies VAT to UK trips, but plans to appeal the decision  —  - HMRC is challenging Uber's use of Tour Operators Margin Scheme  — Uber said it will appeal the VAT assessment in UK Court



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