See more news releases in: Computer Electronics, Consumer Electronics, Multimedia & Internet, Telecommunications Industry, Domestic Policy
Internet Tax Moratorium Averts Scary Halloween Scenario for Net Users and Taxpayers
Verizon Executive Salutes Congress for Extending Moratorium
WASHINGTON, Oct. 30 /PRNewswire/ -- A scary Halloween scenario for the
nation's Internet users and taxpayers was averted today when Congress
approved a seven-year extension of the Internet Tax Moratorium in time for
President Bush to sign it into law before the current law expires on Nov.
1.
The new moratorium on state and local taxation of Internet access
services approved by the House today is the same legislation approved by
the Senate last week, so no conference meeting between the two bodies will
be necessary. The following statement should be attributed to Peter
Davidson, Verizon senior vice president of federal government relations:
"Verizon applauds the House and Senate for once again extending the
moratorium on taxes on consumers' access to broadband. Broadband access is
now a crucial driver of America's economy, and this moratorium extension
will ensure continued investment and growth in the broadband marketplace.
This is good for consumers and businesses across the country."
SOURCE Verizon
Back to top
RELATED LINKS
http://www.ba.com
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
PR Newswire Membership
Fill out a PR Newswire membership form or contact us at (888) 776-0942.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.
Featured Video
More in These Categories
Journalists and Bloggers
![]()
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Free Investing Newsletter from Investor Uprising!
Learn to navigate the world's financial system and profit from leading companies.
Register for Investor Uprising, the people's investment site, for a free weekly newsletter, information, education and premium research including our latest IU Confidential Report - "All The Glitters: The Ultimate Gold Report".
