Uber taxes under IRS control

The Uber carpool service is audited by the Internal Revenue Service, in addition to reviews in foreign countries where it operates, indicating that some tax burdens may change.

In recent statements, including a 10-Q filing Tuesday, Uber said the US tax agency was reviewing its 2013 and 2014 taxes.

The company also said its taxes in several foreign jurisdictions, including Brazil, Mexico, the Netherlands, Singapore and India, were still open – including for tax years dating back to 2010.

The tax burdens may change, he added, adding that he felt he had enough money to cover any additional liability. The timing of the resolution, the company said, is "extremely uncertain".

A spokesman for Uber declined to comment. An IRS spokesperson did not return FOX Business's request for comment.

The exam was first disclosed in papers in April, prior to its IPO.

In addition, Uber said its unrecognized gross tax benefits, resulting from deferred losses, could be reduced by $ 141 million.

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The company released its first quarterly report as a publicly traded company at the end of last month, reporting a net loss of about $ 1 billion in the first quarter – what Wall Street s & n # 39; waiting. Quarterly revenues jumped 20%.

The shares are largely unchanged in the last month.