A taxi service invoice is a form given by a taxi company to a taxi driver that contains a list of expenses and fees due, which can include a vehicle lease payment, gas, and fare split. The invoice payment is normally due at the end of each week or at the end of the month payable to the taxi service.
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A taxi service is a company that has a license to operate a vehicle that can transport people to and from locations. The company has a fleet of vehicles that they lease to independent contractors, known as taxi drivers. Depending on the size and location of the taxi service (company), it may operate under two business models. See below for details.
Taxi services are regulated by the transit authority within their district or location. Typically large cities allow for higher fare prices and rural areas allow lesser fare limits. The total amount due is based on three factors, two of which are controlled and the third factor is up to the customer, which is the tip amount.
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