AT&T to Hand Over $65 Million to Missouri Communities to Settle Underpayment of Taxes
Hundreds of communities across Missouri stand to benefit from a $65 million settlement AT&T will pay to settle a 2004 class-action municipal lawsuit over taxes on landlines. The municipalities charged in their suit that AT&T has been systematically underpaying telephone taxes by excluding several charges applied to customer bills from AT&T’s reported gross receipts. Most municipalities will deposit any settlement money into their general revenue funds.
The amounts vary widely:
- Hannibal, Missouri — $256,041.76
- Louisiana, Missouri — $58,827.39
- Bowling Green, Missouri — $50,908.08
- LaGrange, Missouri — $0.12
