Uber loses UK Supreme Court appeal over tax on rival apps

LONDON: Uber’s rival taxi operators in England and Wales will not face a 20 percent VAT charge on their profit margins outside of London after the ride-hailing firm lost its appeal on Tuesday against a previous ruling. Uber had sought a declaration that rival private-hire taxi operators enter into a contract with passengers, meaning operators must charge 20 percent value added tax (VAT) outside London as Uber is required to do.

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