Fergie's Tech Blog

U.S. Treasury Concedes Telephone Tax Fight, Promises Refunds

An AP newswire article by Mary Dalrymple, via The Washington Post, reports that:

The Treasury Department said today it will eliminate a tax on long-distance telephone calls and refund about $13 billion collected from callers.

Companies have been fighting the tax in court and winning, arguing that the 3 percent excise tax should not apply to some long-distance calls. Snow said the government would stop fighting those taxpayers challenging the tax.

The tax will officially disappear on July 31.

posted by Fergie @ 5/25/2006 12:15:00 PM