Virginia Code 58.1-2662.1: Gross receipts of telephone and telegraph companies.
The special regulatory revenue tax on telephone and telegraph companies levied pursuant to § 58.1-2660 shall be based on gross receipts with the following deductions:
Terms Used In Virginia Code 58.1-2662.1
- Gross receipts: means the total of all revenue derived in the Commonwealth, including but not limited to income from the provision or performance of a service or the performance of incidental operations not necessarily associated with the particular service performed, without deductions for expenses or other adjustments. See Virginia Code 58.1-2600
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- Telephone company: means a person holding a certificate of convenience and necessity granted by the State Corporation Commission authorizing telephone service; or a person authorized by the Federal Communications Commission to provide commercial mobile service as defined in § 332(d)(1) of the Communications Act of 1934, as amended, where such service includes cellular mobile radio communications services or broadband personal communications services; or a person holding a certificate issued pursuant to § 214 of the Communications Act of 1934, as amended, authorizing domestic telephone service and belonging to an affiliated group including a person holding a certificate of convenience and necessity granted by the State Corporation Commission authorizing telephone service. See Virginia Code 58.1-2600
1. Revenue billed on behalf of another such telephone company or person to the extent such revenues are later paid over to or settled with that company or person;
2. Revenues received from a telephone company for providing to the company any of the following: (i) unbundled network facilities; (ii) completion, origination or interconnection of telephone calls with the taxpayer’s network; (iii) transport of telephone calls over the taxpayer’s network; or (iv) taxpayer’s telephone services for resale;
3. Revenue received as the proportionate part of interstate revenue attributable to the Commonwealth;
4. Revenue received from a person providing video programming for the transport of video programming to an end-user subscriber’s premises or for access to a video dialtone network; and
5. Revenue, other than from line charges, received from pay telephone service.