Posts Tagged ‘Treasury Department’

State Telecom Regulators Score NTIA and RUS for Unclear Tax Situation; Seek IRS Ruling

Broadband Stimulus, States March 8th, 2010

WASHINGTON, March 8, 2010 – The National Association of Regulatory Utility Commissioners on Monday urged the Treasury Department to clarify the tax implications for the American Reinvestment and Recovery Act.

NARUC criticized the Commerce Department and the Agriculture Department for failing to clarify whether Broadband Technologies Opportunity Program grants, Broadband Infrastructure Program grants, and broadband mapping grants are taxable.

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