Uber's $6.1-bn Dutch tax deduction will help reduce its tax bill for years

The $6.1 billion Dutch benefit will reduce Uber's final Dutch tax bills by that precise amount, and has no expiration date

Uber Technologies Inc, responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come. 

San Francisco-based Uber generated the outsized deduction before its initial public offering in May because it moved some of its offshore subsidiaries to different countries as a result of new European Union rules governing multinational companies.

The $6.1 billion deduction came through an increase in the value of intellectual property that Uber transferred between its offshore subsidiaries, according to the company's first quarterly filing. When an