Friday, 21 December 2018

Sprint will pay New York $330 million over unpaid taxes

Sprint is about to write New York state a very, very large check. The carrier has agreed to pay New York $330 million in a settlement over claims it avoided collecting certain local and state taxes on cellular plans between 2005 and 2014. It's the largest ever false claims recovery by a single state, the Attorney General's office said. Allegedly, Sprint willfully misinterpreted a 2002 law to skip collecting a key sales tax based on the nature of its plans, leaving New York $100 million short.

Source: New York Attorney General


Sprint will pay New York $330 million over unpaid taxes posted first on https://www.engadget.com

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