Report: Uber-low Taxes Lyft Ride-sharing Revenue

Published on: 5 July 2021

Reading Time: 20 minutes

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Summary

Report

 

INTRODUCTION

Uber and Lyft have quickly become large, powerful corporations. Key to the growth of both companies is cost-cutting through tax and regulatory avoidance. At the centre of this avoidance is the insistence that they are not transportation companies, but rather technology companies—and that their drivers are not employees. This pretext allows them to avoid payroll taxes for drivers, as well as the responsibility for collecting and remitting sales taxes.

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Jackpot

Jackpot

Author(s): Michael Mechanic

Publish Date: 2021

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