When Does a Telephone Excise Tax Refund Accrue?
Tax Notes Stephen J. Rosen Since 2006, the IRS has refunded billions of dollars in unlawfully collected federal excise tax on communications (”FET” or ”telephone excise tax”) through the refund procedures set forth in IRS Notice 2006-50, and IRS Notice 2007-11.1 In brief, telephone excise tax refunds are claimed on […]