Uber Faces Tax Investigation by IRS and Foreign Authorities

Uber Faces Tax Investigation by IRS and Foreign Authorities

Assessment

Interactive Video

Business

University

Hard

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The video discusses Uber's financial challenges, focusing on its tax issues and market reactions. Uber is facing scrutiny at both federal and state levels, with potential reductions in tax benefits due to transfer pricing positions. Despite these challenges, several banks have initiated buy ratings on Uber post-IPO, although the market reaction has been mixed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent financial news has affected Uber's stock price?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much could Uber's tax benefits be reduced by over the next 12 months?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the quiet period ending for Uber?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Which banks initiated a buy recommendation for Uber?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the recent news have on Uber's premarket trading?

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