AT&T agrees to pay local cities $76.3 million in back taxes

AT&T Mobility has agreed to pay $76.3 million in local taxes to settle litigation with hundreds of Missouri towns, adding another victory to municipalities fighting to get cell phone carriers to pay the same taxes as land-based phone companies.

The tentative settlement could end six years of litigation between AT&T Mobility, a division of AT&T Inc., and 300 Missouri towns, the St. Louis Post-Dispatch reported Wednesday.

Cell phone company Verizon Wireless agreed earlier this year to pay Missouri towns $24.5 million for two years worth of back taxes, plus $5 million in cities' legal bills.

[via Associated Press]

emily | 7:05 PM | News, Buzz |
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