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Results: 1-10 of 28

House adopts permanent extension of internet tax moratorium
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • June 12 2015

Players throughout the cable, wireless and wireline telecommunications industries applauded the vote of House members on Tuesday to adopt legislation


Permanent Internet tax ban approved by House
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • July 18 2014

Members of the U.S. House of Representatives have adopted by voice vote the Permanent Internet Tax Freedom Act (H.R. 3086), which would extend


Senators voice concern with spectrum provisions of tax bill passed by House
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • January 13 2012

In a letter delivered on Monday to Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY), Senators John Kerry (D-MA) and Mark Warner (D-VA) joined Republican colleagues Olympia Snowe (R-ME) and Jerry Moran (R-KS) in objecting to certain spectrum-related provisions of the Middle Class Tax Relief and Job Creation Act (H.R. 3630) that are “overly prescriptive” and would unduly hinder the FCC’s spectrum management authority


Chicago internet customers file suit against online streaming tax
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • September 18 2015

Six Chicago residents have asked an Illinois state court to overturn a July ruling by the Chicago Finance Department (CFD) that extends the city's 9


Waxman urges House lawmakers to revisit spectrum-related provisions of tax relief bill
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • January 27 2012

During a conference committee session, ranking House Energy & Commerce Committee member Henry Waxman (D-CA) urged his colleagues to “clean up” spectrum-related provisions of the Middle Class Tax Relief and Job Creation Act (H.R. 3630) that prohibit the FCC from imposing eligibility restrictions on bidders for spectrum reclaimed through the incentive auction process


Vodafone not liable for taxes on Essar purchase, says India Supreme Court
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • India
  • January 27 2012

A long-running battle between British wireless giant Vodafone and India’s tax authority ended in victory for Vodafone, as India’s Supreme Court decreed that Vodafone does not owe US$4.4 billion in taxes and penalties accruing from its $10.9 billion acquisition of Hutchison Essar in 2007


House committee approves permanent Internet tax ban
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • June 20 2014

Members of the House Judiciary Committee approved, by a 30-4 margin, legislation on Tuesday that would extend permanently the current moratorium on


Senate bill offers tax credits for broadband investment
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • July 17 2009

Private sector entities that invest in new or improved broadband infrastructure would receive tax credits under legislation introduced Tuesday by ranking Senate Commerce Committee member Kay Bailey Hutchison (R-TX


House lawmaker seeks closure of tax loophole that facilitated Verizon-Fairpoint deal
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • January 15 2010

Arguing that a tax loophole used by Verizon Communications in its 2007 sale of New England landlines to Fairpoint Communications saddled Fairpoint with enough debt to force Fairpoint into bankruptcy, Representative Paul Hodes (D-NH) introduced legislation that would repeal the Reverse Morris Trust provisions used by Verizon and other companies to avoid payment of capital gains taxes that stem from corporate mergers


Vodafone ordered to deposit $554 million in Indian tax case
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • India
  • November 19 2010

Pending a final decision on Vodafone’s appeal against a government directive that holds Vodafone liable for US$2.5 billion in taxes and interest accruing from the company’s 2007 acquisition of Hutchison Essar, the Supreme Court of India ordered Vodafone on Monday to submit a deposit of $554.1 million within three weeks as well as bank guarantees within eight weeks that would cover the outstanding portion of the government’s tax claim