Telecommunications companies face tougher problems than most other businesses when trying to comply with federal, state and local tax and regulatory obligations.
Most of the taxes that telecom companies contend with are administered by the individual states’ Departments of Revenue (DOR) and local jurisdictions. These taxes go by various names: sales tax, communications services tax, utility users’ tax, local license tax and so on.
- The new infrastructure
- Rich revenue sources
- Telecoms need to get taxes right
Source: www.taxconnex.com
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