(KRON) – Ride-share service Lyft has sued the city of San Francisco for overcharging millions in a span of five years, according to a report from Business Insider.
Business Insider said Lyft filed the lawsuit in the California Superior Court in San Francisco. From 2019 to 2023, Lyft, which is headquartered in SF, says the company was “unfairly charged” $100 million from San Francisco.
The ride-share company said the tax calculation San Francisco used doesn't reflect Lyft’s firm's business model. Business Insider claims in the lawsuit filing that Lyft said the formula SF uses is "distortive and will grossly overstate Lyft's gross receipts attributable to Lyft's business activities in the city."
Tamalpais School District ordered to pay $17.5 million in sexual abuse settlementAccording to Business Insider, the ride-share company says it profits from what drivers pay to Lyft, not what passengers pay to the drivers. Per Lyft’s website, the company’s drivers make at least 70% of what the passenger pays.
Lyft also cited, in the filing, that the US Securities and Exchange Commission doesn't consider driver's fees as part of Lyft's revenue. The company also said driver fees are not credited as income for income tax purposes on a state or federal level.
Lyft aims to be refunded for the overcharge, according to Business Insider.
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