Lyft Sues San Francisco for Allegedly Overcharging $100M in Taxes

Seeking AlphaDec 25 17:30

Lyft (LYFT.US) accuses San Francisco of overcharging $0.1 billion in taxes.

Lyft (LYFT.US) has filed a lawsuit accusing the USA's San Francisco of overcharging $0.1 billion in taxes over five years, unfairly treating the earnings of its app drivers as company income. The lawsuit states that the formula used by San Francisco to assess wages, total income, and the homeless tax violates the company's constitutional rights, forcing it to pay far beyond its fair share of costs. Lyft is seeking a refund of the amount it claims to have overpaid, including interest, penalties, and fees.

AASTOCKSDec 25 03:15

Lyft Accuses San Francisco of Overcharging $100 Million in Taxes

BNN BloombergDec 25 02:04

Autonomous Vehicle Watch: The Robotaxi Pure Play That Analysts Love

Seeking AlphaDec 23 21:11

Unusual Options Activity: AMCR, KVUE and Others Attract Market Bets, AMCR V/OI Ratio Reaches 599.2

EST Dec 20th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options

Futu NewsDec 21 05:30

Is Lyft (NASDAQ:LYFT) Using Debt In A Risky Way?

Simply Wall StDec 20 22:59