<p>Verizon Americas Files Suit Against Florida DOR Over Corporate Income Tax Assessment</p>

Verizon Americas Files Suit Against Florida DOR Over Corporate Income Tax Assessment

Verizon Americas Inc. filed a complaint in the Florida Circuit Court, Second Circuit, against the Florida Department of Revenue contesting an assessment for corporate income taxes and alleging that it lacked sufficient nexus with Florida to be liable for corporate income taxes.

Verizon Americas Inc. filed a complaint in the Florida Circuit Court, Second Circuit, against the Florida Department of Revenue contesting an assessment for corporate income taxes and alleging that it lacked sufficient nexus with Florida to be liable for corporate income taxes. <p>In the alternative, Verizon argued that if it did have sufficient nexus, the disputed receipts should be characterized as nonbusiness income allocated to Verizon's commercial domicile outside of Florida.</p> 

Verizon Americas Inc. filed a complaint in the Florida Circuit Court, Second Circuit, against the Florida Department of Revenue contesting an assessment for corporate income taxes and alleging that it lacked sufficient nexus with Florida to be liable for corporate income taxes. In the alternative, Verizon argued that if it did have sufficient nexus, the disputed receipts should be characterized as nonbusiness income allocated to Verizon's commercial domicile outside of Florida.