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Good news folks!
http://money.cnn.com/2006/05/25/news/telephonetax_refund/index.htm
NEW YORK (CNNMoney.com) - After losing several court battles, the U.S. Treasury on Thursday said it would provide refunds to consumers for a federal excise "luxury" tax on long-distance service, the origins of which date back to 1898 to help pay for the Spanish-American War.
The refund will apply to the 3 percent excise tax billed to them on long-distance service since Feb. 28, 2003 and will include interest. Consumers will be able to claim it on their 2006 tax returns, which they will file in 2007.
"Today is a good day for American taxpayers; it marks the beginning of the end of an outdated , antiquated tax that has survived a century beyond its original purpose, and by now should have been ancient history," said Treasury Secretary John Snow in a statement.
http://www.snopes.com/business/taxes/excise.asp
http://www.irs.gov/newsroom/article/0,,id=161506,00.html
http://money.cnn.com/2006/05/25/news/telephonetax_refund/index.htm
NEW YORK (CNNMoney.com) - After losing several court battles, the U.S. Treasury on Thursday said it would provide refunds to consumers for a federal excise "luxury" tax on long-distance service, the origins of which date back to 1898 to help pay for the Spanish-American War.
The refund will apply to the 3 percent excise tax billed to them on long-distance service since Feb. 28, 2003 and will include interest. Consumers will be able to claim it on their 2006 tax returns, which they will file in 2007.
"Today is a good day for American taxpayers; it marks the beginning of the end of an outdated , antiquated tax that has survived a century beyond its original purpose, and by now should have been ancient history," said Treasury Secretary John Snow in a statement.
http://www.snopes.com/business/taxes/excise.asp
http://www.irs.gov/newsroom/article/0,,id=161506,00.html
