Ore. High Court Ruling To Cost Comcast Hundreds Of Millions
Law360, New York (October 2, 2014, 6:04 PM EDT) -- The Oregon Supreme Court said Thursday that both Comcast Corp.'s cable and Internet services are data transmission services subject to central tax assessment by the state as "communication," a move that will cost Comcast several hundred million dollars per year.
In a ruling that will cost Comcast several hundred million dollars per year, the court interpreted a 1973 central tax assessment statute as applying to Comcast's services.
The court decided the statute's use of "data transmission services" means any transmission of coded information in electronic form through telecommunication networks like Comcast's, and accepted the Oregon Department of Revenue's contention that the...
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