• Federal District Court Opinion Creates Opportunity for Federal Excise Tax Refunds
  • May 17, 2004
  • Law Firm: Sullivan & Worcester LLP - Washington Office
  • A recent case interprets the 3% federal excise tax ("FET") imposed by Internal Revenue Code Section 4251 on amounts paid for "communications services," which includes "toll telephone service," and creates a significant opportunity for companies to obtain refunds of the FET.