<p>Virginia Supreme Court Says Set-Top Boxes for Cable Customers Are Intangible Personal Property</p>

Virginia Supreme Court Says Set-Top Boxes for Cable Customers Are Intangible Personal Property

Virginia Supreme Court

The Virginia Supreme Court affirmed a circuit court ruling that set-top boxes leased by Verizon to cable customers were intangible personal property exempt from local property taxes, but reversed an order denying a refund, holding that even if the appeal was untimely filed, the county waived the issue by failing to raise it before the tax commissioner.

<p>The Virginia Supreme Court affirmed a circuit court ruling that set-top boxes leased by Verizon to cable customers were intangible personal property exempt from local property taxes, but reversed an order denying a refund, holding that even if the appeal was untimely filed, the county waived the issue by failing to raise it before the tax commissioner.</p>