Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a US$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 (IPO) in May because it moved some of its offshore subsidiaries to different countries as a result of new European Union rules governing multinational companies.

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