JurisdictionVirginiaTitle 58.1TAXATION
Subtitle IITAXES ADMINISTERED BY OTHER AGENCIES
Ch. 26TAXATION OF PUBLIC SERVICE CORPORATIONS
Art. 6REGULATORY REVENUE TAXES OF PUBLIC SERVICE CORPORATIONS
This text of Virginia § 58.1-2662.1 (Gross receipts of telephone and telegraph companies) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
The special regulatory revenue tax on telephone and telegraph companies levied pursuant to § 58.1-2660 shall be based on gross receipts with the following deductions:
1. Revenue billed on behalf of another such telephone company or person to the extent such revenues are later paid over to or settled with that company or person;
2. Revenues received from a telephone company for providing to the company any of the following:
(i)unbundled network facilities;
(ii)completion, origination or interconnection of telephone calls with the taxpayer's network;
(iii)transport of telephone calls over the taxpayer's network; or (iv) taxpayer's telephone services for resale;
3. Revenue received as the proportionate part of interstate revenue attributable to the Commonwealth;
4. Revenue received fro
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The special regulatory revenue tax on telephone and telegraph companies levied pursuant to § 58.1-2660 shall be based on gross receipts with the following deductions:
1. Revenue billed on behalf of another such telephone company or person to the extent such revenues are later paid over to or settled with that company or person;
2. Revenues received from a telephone company for providing to the company any of the following: (i) unbundled network facilities; (ii) completion, origination or interconnection of telephone calls with the taxpayer's network; (iii) transport of telephone calls over the taxpayer's network; or (iv) taxpayer's telephone services for resale;
3. Revenue received as the proportionate part of interstate revenue attributable to the Commonwealth;
4. Revenue received from a person providing video programming for the transport of video programming to an end-user subscriber's premises or for access to a video dialtone network; and
5. Revenue, other than from line charges, received from pay telephone service.