AT&T to Help Customers Recoup $1 Billion in Taxes
AT&T has reached a settlement in a class action lawsuit that will have it reaching out to local and state governments in hopes of recouping nearly $1 billion in improperly collected taxes. Law Firm Bartimus Frickleton Robertson & Gorny PC, based in Kansas City, sued AT&T in all 50 states in 2010 over taxes it claimed were not owed on internet services, but AT&T collected anyway. The total collected by AT&T is $956.16 million. "The settlement also requires us to help facilitate, on behalf of our customers, plaintiffs' efforts to seek tax refunds from state and local taxing authorities on behalf of the class," said AT&T spokesman Marty Richter to FierceWireless. "Any refunds will be passed along to the class -- people who are our customers, and initially paid the taxes." AT&T will set up an escrow account to hold the money it is able to collect from local and state governments and will eventually parcel that money out to members of the class, which may be as many as 49 million customers. A federal judge in the U.S. District Court of Northern Illinois approved the proposed settlement last week.
|So...lemme get this straight....||Joshmo||
|Hope this helps||S-y-P-h-E-r||
|How do I claim?||macizcool||
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