info
Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss
Re: GM sues shitty Nancy Pelosi city San Francisco, seeking $121 million in back taxes, penalties
4 views
Skip to first unread message
Ha! Ha! Pelosi
Dec 29, 2023, 12:10:04 AM12/29/23
to
On 28 Dec 2023, "Trump - Inmate Number P01135809"
<patr...@protonmail.com> posted some news:umkuqc$ht6g$1...@dont-email.me:
> Nancy Pelosi's representation of San Francisco is that of a gay
> pedophile stealing food from a baby.
SAN FRANCISCO (Reuters) - General Motors has sued the city of San
Francisco, seeking to recover more than $100 million, alleging that it
was charged a higher tax bill than warranted because its Cruise
self-driving car unit was improperly used to make the calculations.
In the case filed in California Superior Court in San Francisco, GM is
seeking $108 million in back taxes over the course of seven years, as
well as $13 million in penalties and interest, according to the
complaint. The Detroit automaker said San Francisco-based Cruise is
operated separately from GM, generates only a minimal amount of sales
and should not be used to calculate GM’s liabilities in the city where
the parent company has a limited presence. GM said in the lawsuit that
it sold only about $677,000 worth of goods in San Francisco in 2022.
The lawsuit was filed on Friday. Bloomberg reported the news earlier on
Wednesday.
Neither the San Francisco city attorney’s office nor GM immediately
responded to requests for comment.
While the funds would represent a small portion of GM’s reported $156.7
billion in sales in 2022, the lawsuit comes as San Francisco is
projecting an $800 million budget deficit over the coming two fiscal
years amid a pandemic recovery that has stalled. Mayor London Breed has
asked city agencies to cut their budgets by 10% to help close the gap.
“The California Government Code mandates that the city taxes must fairly
reflect the proportion of activity actually carried on within the city,
and they do not, either generally or as applied to GM,” the company
wrote in its complaint.
The Cruise unit at issue is contracting after an October accident in San
Francisco that caused a furor in the city and caught the attention of
regulators. The incident has caused Cruise to pull its U.S. cars off
roads, undergo a safety review and cut nearly a quarter of its staff
nationwide.
(Reporting by Greg Bensinger in San Francisco; Editing by Matthew Lewis)
KenG
1 day ago
"the lawsuit comes as San Francisco is projecting an $800 million budget
deficit" Make that $921 million please...
Drunken Yeti
23 hours ago
Well, we know the budget deficit isn't from hiring more police.
https://finance.yahoo.com/news/gm-sues-san-francisco-seeking-232410416.ht
ml
<patr...@protonmail.com> posted some news:umkuqc$ht6g$1...@dont-email.me:
> Nancy Pelosi's representation of San Francisco is that of a gay
> pedophile stealing food from a baby.
SAN FRANCISCO (Reuters) - General Motors has sued the city of San
Francisco, seeking to recover more than $100 million, alleging that it
was charged a higher tax bill than warranted because its Cruise
self-driving car unit was improperly used to make the calculations.
In the case filed in California Superior Court in San Francisco, GM is
seeking $108 million in back taxes over the course of seven years, as
well as $13 million in penalties and interest, according to the
complaint. The Detroit automaker said San Francisco-based Cruise is
operated separately from GM, generates only a minimal amount of sales
and should not be used to calculate GM’s liabilities in the city where
the parent company has a limited presence. GM said in the lawsuit that
it sold only about $677,000 worth of goods in San Francisco in 2022.
The lawsuit was filed on Friday. Bloomberg reported the news earlier on
Wednesday.
Neither the San Francisco city attorney’s office nor GM immediately
responded to requests for comment.
While the funds would represent a small portion of GM’s reported $156.7
billion in sales in 2022, the lawsuit comes as San Francisco is
projecting an $800 million budget deficit over the coming two fiscal
years amid a pandemic recovery that has stalled. Mayor London Breed has
asked city agencies to cut their budgets by 10% to help close the gap.
“The California Government Code mandates that the city taxes must fairly
reflect the proportion of activity actually carried on within the city,
and they do not, either generally or as applied to GM,” the company
wrote in its complaint.
The Cruise unit at issue is contracting after an October accident in San
Francisco that caused a furor in the city and caught the attention of
regulators. The incident has caused Cruise to pull its U.S. cars off
roads, undergo a safety review and cut nearly a quarter of its staff
nationwide.
(Reporting by Greg Bensinger in San Francisco; Editing by Matthew Lewis)
KenG
1 day ago
"the lawsuit comes as San Francisco is projecting an $800 million budget
deficit" Make that $921 million please...
Drunken Yeti
23 hours ago
Well, we know the budget deficit isn't from hiring more police.
https://finance.yahoo.com/news/gm-sues-san-francisco-seeking-232410416.ht
ml
0 new messages