Lyft is suing the city of San Francisco alleging $100 million in overtaxes

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Ride hailing app Lyft is gearing up for an IPO

Justin Sullivan

LEFT (Nasdaq:Lyft) sued the city of San Francisco for allegedly overcharging the ride-hailing platform by $100 million in taxes from 2019 to 2023.

According to her lawsuit, the city government calculated Lyft’s profits (Lyft) Taxes are based only on the amount of money



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