Uber Created a $6.1 Billion Dutch Weapon to Avoid Paying Taxes
- Move ends ‘Double Dutch’ strategy as Uber dumps no-tax Bermuda
- New tax cushion shows Uber making profits later, not sooner
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Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come.