SMBs looking to cut costs have replaced — or are considering replacing — traditional telephone service with Voice over Internet Protocol (VoIP). Now, in what appears to good news for IP vendors and SMBs, the Internal Revenue Service (IRS) and Treasury Department strongly deny they are considering an excise tax on Internet telephone calls or any other IP-based services. On July 1, the IRS published in the Federal Register a request for public comments on changes in the telecommunications industry since 1965, when the tax code was last updated to define telecommunications services. Based on those definitions, the IRS currently imposes a three percent excise tax on telecom services. more...
IRS Denies Plan to Tax VoIP
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July 21, 2004 11:52 PM
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About this Entry
This page contains a single entry by published on July 21, 2004 11:52 PM.
Xten is Looking for Senior IM XMPP / Jabber Developers was the previous entry in this blog.
Verizon's Net phone service takes wing is the next entry in this blog.
Find recent content on the main index or look in the archives to find all content.
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