TAX FILE: Court disconnects phone tax
Yet another federal court has told the Internal Revenue Service that a widely offered inbound service is not subject to the 3% federal telecommunications tax. On February 14, the U.S. District Court for the Southern District of New York ruled that Fortis Inc. was entitled to a refund of tax it had paid on AT&T's 800 Readyline and Megacom 800 services. The ruling follows several decisions last year