01-06-2016, 11:41 PM
The difference is that Uber accepts payment only by credit card. Unlike taxis there's always an electronic record of every payment. Also unlike taxis, there's no tipping. So in theory Uber drivers can't hide cash payments.
From what I've read in the media and on their website Uber pays a percentage of the fare revenue each driver generates. Presumably there must be some sort of statement that comes with each payment that lists all the trips made, dates/times, distances travelled, fares collected, etc. So if CRA should suspect that an Uber driver isn't reporting all earned income they should be able to ask for copies of such statements.
From what I've read in the media and on their website Uber pays a percentage of the fare revenue each driver generates. Presumably there must be some sort of statement that comes with each payment that lists all the trips made, dates/times, distances travelled, fares collected, etc. So if CRA should suspect that an Uber driver isn't reporting all earned income they should be able to ask for copies of such statements.