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1998 SESSION

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HB 773 Gross receipts taxation of telephone and telegraph companies.

Introduced by: Harry J. Parrish | all patrons    ...    notes | add to my profiles

SUMMARY:

Gross receipts taxation of telephone and telegraph companies; deductions. Adds two deductions to the enumeration of deductions permitted when calculating telephone and telegraph companies' gross receipts taxation: (i) revenue from wholesale charges received from a telephone company which is holding a certificate of public convenience and necessity from the State Corporation Commission or from a telephone utility company providing interstate communications service and (ii) revenue received from any service or offering which has been preemptively deregulated by the Federal Communications Commission.


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