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Uber Says IRS Probing its 2013-14 Tax Returns

The U.S. Internal Revenue Service is auditing Uber Technologies's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million. In its full quarterly report on Tuesday, Uber said various state and foreign tax authorities were also looking into its taxes and that it was currently unable to put a definite timeline or estimate on the overall adjustments that might result. The $141 million amount...

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