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USA Online Car-hailing giant Lyft has sued the city of San Francisco for overcharging it by 0.1 billion USD in taxes.
The USA's Online Car-hailing giant Lyft filed a lawsuit against the city of San Francisco on Tuesday, accusing the city of overcharging it $0.1 billion in taxes from 2019 to 2023. Lyft argues that the city's authorities incorrectly classified the amounts paid by passengers to drivers as company revenue, which is not how Lyft operates. The company stated that Lyft's revenue comes from fees paid by drivers, not from amounts paid by passengers, which is consistent with the handling of driver compensation by the USA Securities and Exchange Commission (SEC). Lyft is seeking a refund for these overcollected taxes, including penalties and interest.
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