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Uber doubles revenue but questions remain

Uber doubles Australian revenue but questions remain

Uber Australia’s 2016 revenue has doubled to $36 million. The Silicon Valley giant’s local revenue, according to its latest accounts, increased from $18 million last financial year. But its entity in Australia does not count all the sales. As Uber told the recent Senate inquiry into corporate tax avoidance, it only counts 75 per cent of each transaction in Australia.

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