Day: July 31, 2018

MYTHS & MIS-PERCEPTIONS EDUCATIONAL ADVISORY SERIES: Topic #3

THE MYTH: Government approval is not required for the sale or acquisition of a telecommunications carrier or its assets (e.g., customer base). THE REALITY: Government approval and/or notification is required for transactions involving a telecommunications carrier and certain assets, including customers, at both the state and federal levels. Government Approval Requirements for Sales/Acquisitions of Telecommunications …

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MYTHS & MIS-PERCEPTIONS EDUCATIONAL ADVISORY SERIES: Topic #2

THE MYTH: Retailers of resold telecommunications services do not need to register and/or pay taxes and regulatory fees if their Supplier has already done so. THE REALITY: Retailers of resold telecommunications services remain responsible for registration and payment of taxes and regulatory fees regardless of their Supplier’s conduct. Regulatory and Tax Responsibilities for Retailers/Suppliers of …

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MYTHS & MIS-PERCEPTIONS EDUCATIONAL ADVISORY SERIES: Topic #1

THE MYTH: Data and Internet Access services are “the same,” and neither is regulated nor subject to transaction taxes (sales, use, excise, utility, etc.). THE REALITY: The belief that “Data” and “Internet Access” services are exempt from regulation and taxation is a commonly-held mis-perception. Regulation & taxation of “Data” and “Internet” services is a grey area …

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