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Telephone Tax to End!

by Logan Abbott on Friday, May 26, 2006

The 3% Federal Excise Tax, dating to the Spanish-American War will end on July 31st for all but local phone service. This includes long distance on your home phone, wireless and/or VoIP phone service. In addition, it is likely that most will be able to claim a refund for the tax paid over the last 3 years with their 2006 tax returns (the ones filed in early 2007).

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