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Tag Archives: Taxation

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 ...

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County’s Tax Action Stays in Federal Court (access required)

An Abingdon U.S. District Court denies plaintiff county’s motion to remand to state court this declaratory judgment action against defendant companies rejecting certain deductions the companies allegedly took in calculating the amount of mineral severance tax due to the county. ...

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Taxation – Employer Payroll Taxes – ‘Responsible Party’ (access required)

Plaintiff, the president and majority shareholder of a construction company that failed, is the “responsible party” under 26 U.S.C. § 6672 liable for trust fund taxes to cover income, social security and Medicare taxes from employee wages; the Alexandria U.S. ...

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