TITLE

Broadband Grants Might Be Taxable

AUTHOR(S)
EGGERTON, JOHN
PUB. DATE
March 2010
SOURCE
Multichannel News;3/15/2010, Vol. 31 Issue 11, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the grants under broadband-stimulus package may be taxable. An explanation was requested by some utility regulators from the U.S. Department of the Treasury on the taxability of the grants under the Broadband Technology Opportunities Program. Chief counsel of Treasury William Wilkins said in a response to National Telecommunications & Information Administration (NTIA) that some of the grants will attract tax deductions.
ACCESSION #
48818688

 

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