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
- Retired and learning to code
By Vivian Marino - Friday Sep 22, 2017
For some older people, just downloading an app or successfully navigating certain websites might seem like cause for quiet celebration. But not for Shirley McKerrow, a retired business owner and politician from Darwin, Australia. McKerrow, who is 84, revels in the thought of learning to develop those same apps and websites. Last year, she began taking free online coding lessons through Codecademy, an interactive service that teaches programming languages, and was tutored along the way by her tech-savvy grandson.
- 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.
- Publisher Tronc acquires Daily News, storied NY tabloid
By JENNIFER PELTZ, Associated Press - Monday Sep 4, 2017
NEW YORK (AP) — Newspaper publisher Tronc has acquired the Daily News, a storied New York tabloid newspaper that won a Pulitzer Prize this year but has been buffeted by the changing media environment.Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the Daily News posted a story on its website.Tronc CEO Justin Dearborn said acquiring the paper and its popular website would "provide us with another strategic platform for growing our digital business, expanding our reach and broadening our services for advertisers and marketers," and both Tronc and Daily News executives said the company would maintain the quality of the paper's journalism.
- 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.
- Some Services Companies Won't Get 'Pass-Through' Tax Rate
Tuesday Sep 12, 2017
Treasury Secretary Steven Mnuchin said Tuesday the GOP’s tax-overhaul proposal would seek to exclude some services companies from enjoying a new lower rate on businesses that don’t pay corporate taxes.