http://lirneasia.net/2006/05/us-scraps-long-distance-tax-2/ a regional ICT policy and regulation think tank active across the Asia Pacific Mon, 20 May 2013 12:57:36 +0000 hourly 1 http://lirneasia.net/2006/05/us-scraps-long-distance-tax-2/comment-page-1/#comment-3915 Janni Fri, 21 Mar 2008 15:20:41 +0000 http://www.lirneasia.net/2006/05/us-scraps-long-distance-tax-2/#comment-3915 The IRS has announced that it will stop collecting the federal excise tax on long distance telephone services.The agency announced last Thursday that the tax does not apply to long-distance service as it is billed today. The tax was first imposed in 1898 to help pay for the Spanish-American War. The current rate of 3% is charged on the service amount.
Taxpayers will be able to receive a refund of all excise taxes paid on long-distance services billed since Feb. 28, 2003. Interest will also be paid on these refunds. The IRS will soon announce a simplified method that taxpayers may use to minimize administrative burden.

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