Destroying the bikes would actually also be an equivalent write-off. Since Uber ... | Hacker News

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		danielfoster on May 28, 2020 \| parent \| context \| favorite \| on: Uber is destroying thousands of electric bikes and... Destroying the bikes would actually also be an equivalent write-off. Since Uber has no profits, it pays no taxes.

kube-system on May 28, 2020 | [–]

Businesses are taxed on many more than things other than profit.

renewiltord on May 28, 2020 | | [–]

SF has a gross receipts tax, my dude. There are payroll taxes as well.

ineedasername on May 29, 2020 | | [–]

I don't think you can write off expenses against payroll taxes.

sushid on May 28, 2020 | [–]

It's not that simple. Uber as a company definitely pays taxes at the city, state, and federal level.

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