Drivers’ trip receipts contain signs that the ride-hailing service deducted hundreds of millions of dollars from drivers’ earnings in New York to pay state taxes.
NYS Entity Status
NYS Filing Date
MARCH 19, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - MD BOOKKEEPING AND TAX SERVICES, INC.
AROUND THE WEB
- How Uber May Have Improperly Taxed Its Drivers
By NOAM SCHEIBER - Wednesday Jul 5, 2017
- Google Wins Tax Case in France, Avoiding $1.3 Billion Bill
By MICAH MAIDENBERG and AURELIEN BREEDEN - Wednesday Jul 12, 2017
The case focused on Google’s use of a subsidiary in Ireland. A court in Paris said the technology giant was not liable for the back taxes.
- Business News Roundup, July 25
By Chronicle News Services - Monday Jul 24, 2017
Vino Volo, a boutique wine bar and shop found in airports across North America, has been acquired by Hojeij Branded Foods, an airport food and beverage operator based in Atlanta, the companies said Thursday.Vino Volo (derived from “wine flight” in Italian) has more than 40 locations at 32 airports and offers wines from around the world, tasting flights and bottles for purchase or shipping.“We are delighted to join forces with HBF,” says Vino Volo CEO Doug Tomlinson, who founded the Oakland company in 2004.With the retention of Vino Volo founder Tomlinson as president, Vino Volo will become a wholly owned subsidiary of HBF, run by Vino Volo’s current leadership team under the leadership of the HBF CEO.“Combining the forces of HBF and Vino Volo is a natural fit for both companies,” says HBF CEO Regynald G. Washington.WebMD, the online information source on health topics, announced Monday that it will be acquired by Internet Brands, a new media company controlled by global investment firm Kohlberg Kravis Roberts.According to the company, stockholders of the New York health information provider would get $66.50 per each share in cash, a 20 percent premium over the Friday closing price of $55.19.The sale comes after WebMD announced in February that the management team was working with its legal and financial advisers to explore various strategies to stay competitive.The company was founded in the mid-1990s and quickly became a prominent name in the digital space as one of the leading information providers on medical symptoms, pharmacy, drugs and physicians.WebMD’s stock jumped around 20 percent on the New York Stock Exchange in the first hour of trading after the deal was announced, a sign that investors are as optimistic as the company’s management about future prospects after the acquisition.Demand for Hasbro Inc.’s Easy-Bake, Playskool and Super Soaker brands declined in the second quarter, pushing sales below analysts’ estimates.While the company’s franchise products — Transformers, Nerf and Monopoly, among others — remained strong, the results sent shares down the most in 21 months.The taxi app Grab has been given an additional $2 billion in financing, revealing the intense competition among car services in Asia that has forced companies like Uber to take a back seat to rivals with extremely deep pockets.
- State tax liens show a Justice company owing $1M
Friday Jul 14, 2017
The Charleston Gazette-Mail reports that the liens are for unpaid severance taxes for mining coal and unpaid reclamation taxes for cleaning up abandoned mine sites.In a statement, an attorney for James C. Justice Companies Inc. tells the newspaper that Tams Management remains committed to honoring all its tax obligations.
- Soupman Inc. of 'Seinfeld' Fame Seeks Bankruptcy Protection
Tuesday Jun 13, 2017
Soupman Inc., of “Seinfeld” fame, filed for bankruptcy protection Tuesday, just weeks after a top company executive was charged with tax evasion.
- French court throws out Google's $1.3 billion tax bill
Thursday Jul 13, 2017
Alphabet Inc.’s Google won a reprieve from one of its biggest legal battles in Europe on Wednesday, when a Paris court threw out a €1.11 billion ($1.27 billion) bill that France’s tax authority has sought from the search giant for five years of back taxes.