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The Telephone Excise Tax: An Economic Analysis (CRS Report for Congress)

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Release Date Revised July 31, 2007
Report Number RL33382
Report Type Report
Authors Steven Maguire, Government and Finance Division; Brent W. Mast, Knowledge Services Group
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Jan. 5, 2007 (12 pages, $24.95) add
  • Premium   June 29, 2006 (11 pages, $24.95) add
Summary:

In the 109th Congress, S. 1321 and its companion, H.R. 1898, would haverepealed the telephone excise tax entirely. On June 28, 2006, S. 1321 was approvedby the Senate Finance Committee. In the 110th Congress, S. 140 and S. 170 wouldrepeal the remaining tax on local telephone services, and S. 1123 would provide, tobusinesses, an extension for filing a refund request and safe harbor protection whenusing the formula for calculating refunds created by the bill. In the House, H.R. 1194continues to add cosponsors, currently 116, and would repeal the remaining tax onlocal telephone services.This report provides a brief history, description of the legal issues promptingscrutiny, and economic analysis of the tax. The report concludes with a discussionof legislative activity and options for the 110th Congress.