excise

 

Congress Proposes to Repeal 3 Percent Excise Tax

A group of House representatives is calling for the end of a telephony excise tax that mostly affects low-income, elderly and rural citizens. Reps. John Lewis, D-Ga., Jim Ramstad, R-Minn., Rick Boucher, D-Va., and Gary Miller, R-Calif., introduced the Telephone Excise Repeal Act of 2007 on Wednesday. Telecom companies and associations support the proposal. Congress […]

Addressing the Channels Hot Issues

By Michael Fair, MarketRace Hello, my name is Michael Fair and I am a founding partner of MarketRace, a channel consulting company based in Denver. I will be a regular participant going forward on the Peer to Peer blog and will be writing about the many things I see in the channel space with regard […]

Excise Tax on Communications Ends

Service providers no longer are paying the 3 percent federal excise tax on longdistance, wireless, VoIP, prepaid and other communications traffic. The collection end date was Aug. 1, but some carriers, including Verizon Communications Inc., stopped earlier. The U.S. Treasury Department in May 2006 said it would concede the legal fight over the federal excise […]

Treasury Department Repeals Excise Tax on Long-Distance Calls

The U.S. Treasury Department said on Thursday it would concede the legal fight over the federal excise tax on long-distance telephone service, and require the IRS to issue refunds to consumers and businesses for proceeds paid over the past three years. The 3 percent tax originally was established in 1898 as a “luxury” tax on […]

WSJ: Treasury Department Might Cut Phone Excise Tax

The Wall Street Journal reported on Friday the U.S. Treasury Department is developing a plan to discontinue a 3 percent federal excise tax on long-distance and wireless telephone calls. The paper also said the government is considering refunding billions of dollars to consumers and businesses that have paid the tax. “Government officials are holding closely […]

Lawmakers Introduce Bills to Prohibit Internet Taxation

Congress has introduced legislation affecting a federal excise tax on phone bills dating back to the Spanish- American War in 1898. One bill introduced by the Senate would prohibit the 3 percent tax on phone service from being extended to Internet access while a piece of legislation at the House of Representatives would repeal the […]

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