§ 58.1-2662.1. Gross receipts of telephone and telegraph companies
The special regulatory revenue tax on telephone and telegraph companies levied pursuant to § 58.1-2660 shall be based on gross receipts with the following deductions:
1. Revenue billed on behalf of another such telephone company or person to the extent such revenues are later paid over to or settled with that company or person;
2. Revenues received from a telephone company for providing to the company any of the following: (i) unbundled network facilities; (ii) completion, origination or interconnection of telephone calls with the taxpayer's network; (iii) transport of telephone calls over the taxpayer's network; or (iv) taxpayer's telephone services for resale;
3. Revenue received as the proportionate part of interstate revenue attributable to the Commonwealth;
4. Revenue received from a person providing video programming for the transport of video programming to an end-user subscriber's premises or for access to a video dialtone network; and
5. Revenue, other than from line charges, received from pay telephone service.
(1988, c. 727; 1995, c. 751; 1998, c. 897.)
Sections: Previous 58.1-2657 58.1-2658 58.1-2658.1 58.1-2659 58.1-2660 58.1-2661 58.1-2662 58.1-2662.1 58.1-2662.2 58.1-2663 58.1-2664 58.1-2665 58.1-2670 58.1-2670.1 58.1-2671 NextLast modified: April 16, 2009