Uber and Airbnb confirm they send profit offshore

By Nassim Khadem
Updated October 7 2015 - 6:08pm, first published 5:08pm
Labor Senator Sam Dastyari said as new sharing economy services emerged, it was vital to get the tax settings right. Photo: Daniel Munoz
Labor Senator Sam Dastyari said as new sharing economy services emerged, it was vital to get the tax settings right. Photo: Daniel Munoz

Uber and Airbnb have revealed in submissions to a federal inquiry that they route profit through companies in the Netherlands and Ireland, where taxes are lower.