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Uber, Careem Said to Face $100 Million Bill in Saudi Tax Squeeze

Oct. 17, 2021, 12:22 PM

Saudi Arabia has slapped several technology firms, including Uber Technologies Inc. and its Dubai-based subsidiary Careem, with tax bills worth tens of millions of dollars, according to people with knowledge the matter.

Uber and Careem face a combined bill worth around $100 million, two of the people said. The claims are related to a dispute over how to calculate the value-added tax owed over the past few years by gig economy firms versus their individual contractors -- and include hefty penalties for late payment, the people said.

Several of the companies are trying to negotiate with the kingdom’s Zakat, Tax ...

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