NJ: Bills target Verizons push to stop paying taxes on poles, wires [telecom]

Oct 24, 2022 0 Replies

By: Nikita Biryukov



For years, municipal tax officials have received letters from Verizon with a simple message: The company would no longer pay property taxes on telephone poles, lines, and other infrastructure.



In its letters, the telecom giant says because it no longer provides landline phone service to more than 51% of a municipality - a threshold set by state law in 1997, before cellphones became ubiquitous - it is no longer subject to taxation on its infrastructure, known as business personal property.



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