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Verizon must pay taxes on fees it collected to install landlines, Pennsylvania court says
by Sue Marek
The Pennsylvania Supreme Court ruled 3-2 that Verizon (NYSE: VZ) must pay taxes for fees from installing phone lines and providing directory assistance as well as performing a variety of repairs and services. However, the amount of those fees is unclear as the ruling didn't give a specific amount owed and didn't say whether the company is also responsible for any back payments.
According to the Daily Journal, the ruling stems from an 11-year-old dispute and reverses a previous decision that said Verizon could avoid paying taxes for certain nonrecurring charges related to repair and maintenance of phone lines.
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