NCTA Outlines Potential Title II Tax Hikes
The National Cable & Telecommunications Association wants the Federal Communications Commission to know just how much of a state and local tax hit Title II reclassification could mean to cable operators and their customers.
In a follow-up to a meeting between NCTA Executive Vice President James Assey and FCC General Counsel Jonathan Sallet, Assey drilled down on the issue to three key types of tax: property taxes, transaction-based taxes, and income, franchise and gross receipts taxes. "Reclassifying broadband service as a regulated telecommunications service may subject cable operators that provide broadband and their customers to materially higher taxes and fees, either because a statute specifically references the federal definitions or because a state tax authority interprets state law in a manner that follows the federal definitions," said Assey.
NCTA Outlines Potential Title II Tax Hikes