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WASHINGTON (AP) - The Treasury Department said Thursday it will stop collecting some telephone taxes on long-distance calls and refund about $15 billion to consumers.
Companies have been fighting the tax in court and winning, arguing that the 3 percent excise tax should not apply to some long-distance calls.
Individuals will be allowed to claim three years' worth of refunds on their 2006 tax returns, filed in 2007. They would be given the option of calculating their actual taxes paid or claiming a standard amount set by the Treasury Department and Internal Revenue Service.
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