Mexico on Monday detailed plans to withhold tax from drivers for ride-hailing an...
MEXICO CITY - Mexico on Monday detailed plans to withhold tax from drivers for ride-hailing and food delivery firms such as Uber Technologies Inc and Rappi, but China’s Didi said it would not take part in the arrangement, sparking friction within the industry.
The monthly value-added tax withholding rate will be 8% and the income tax rate will range from 3% to 9% once the measures are implemented on June 1, Uber said. Uber has mostly successfully beaten back attempts around the world to make it treat drivers as employees, arguing that its main business is a platform that brings riders and drivers together.
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