Uber has to pay New Jersey nearly $650 million in employment taxes

Uber may insist that its motorists are contractors and not workforce, but New Jersey just isn’t acquiring that argument. The state’s labor office has slapped Uber and its Rasier subsidiary with a practically $650 million invoice for overdue unemployment and incapacity insurance policies taxes from the earlier four many years, arguing that the ridesharing business misclassified drivers. About $523 million of that is genuine taxes, when up to $119 million is because of in curiosity and penalties. Labor Commissioner Robert Asaro-Angelo reported this was an instance of the administration “cracking down on employee misclassification” and that there was “no reason” on-desire personnel couldn’t be handled like other flexible team.