Verizon, Keyspan Win Refunds Of Inapplicable NY Tax

Law360, New York (March 20, 2014, 2:36 PM EDT) -- Verizon Wireless and several energy companies should not have been taxed on “mass property” they own in several New York cities because the revenues are used to collect trash that the properties to not create, the Supreme Court of New York’s Appellate Division ruled on Wednesday.

Local governments in Nassau County, N.Y., charge an ad valorem tax on property to pay for garbage and refuse collection services. But since 1999, Verizon and others have been arguing that their equipment lines, poles, transformers, conductors and other equipment...
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