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Home / Opinion Digests / Business Law / SCC Could Not Deduct Internet Revenues (access required)

SCC Could Not Deduct Internet Revenues (access required)

The Virginia Supreme Court upholds the State Corporation Commission’s decision that it had no authority to deduct a telecommunications company’s Internet-related revenues when determining the gross receipts it certifies to the Virginia Department of Taxation. Level 3 Communications LLC filed several applications with the SCC for review and correction of determination of gross receipts certified to ...

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