Last year I wrote in this note that virtually no aspect of telco operations – customer facing, product related, labor – was free from litigation.
Well, now the IRS is looking to pile on to the already long list of taxes which make up about 18% to 20% of our phone bills including:
Federal excise tax, Local communications services tax,State gross receipts tax, Federal Universal Service Fee - Verizon LD, Telecommunications Relay Service, County 911 Funding Fee, Federal Universal Service Fee, Federal subscriber line charge, state communications tax, county communications tax, regulatory call recovery
Like I said – like tobacco…