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Destroying the bikes would actually also be an equivalent write-off. Since Uber has no profits, it pays no taxes.
by danielfoster 6y ago
Destroying the bikes would actually also be an equivalent write-off. Since Uber has no profits, it pays no taxes.
- kube-system 6y agoBusinesses are taxed on many more than things other than profit.
- sushid 6y agoIt's not that simple. Uber as a company definitely pays taxes at the city, state, and federal level.
- renewiltord 6y agoSF has a gross receipts tax, my dude. There are payroll taxes as well.
- ineedasername 6y agoI don't think you can write off expenses against payroll taxes.