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

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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.

https://newjerseymonitor.com/2022/10/21/bills-target-verizons-push-to-stop-paying-taxes-on-poles-wires/

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NJ: Bills target Verizons push to stop paying taxes on poles, wires [telecom] Bill Horne <malQRMassimilation@gmail.com> - 2022-10-24 18:23 +0000

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