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LAWSUITS NEWS & LEGAL INFORMATION

Tax Returns for Qwest

Tucson, AZ: (Apr-01-08) Qwest Communications International Inc. brought a lawsuit against Arizona and its 15 counties, alleging that its property had been overvalued by state assessors, causing the communications giant to pay too much in property taxes. Records testify that in 2006, a state court agreed to the company's allegations, stating that state assessors charge the company for some of its more obsolete equipment. The case was sent back to a tax court. Qwest officials claimed that they believe in paying rightfully assessed taxes, and that the assessment should be based on a formula consistent within the telecommunications' industry.

In a settlement agreement accepted in early 2008, Pima County, the city and school, fire, community college and flood control districts, agreed to a $6.5 million deal with Qwest. County officials said that Pima County's share will be between $800,000 and $1.2 million, depending on how much the state pitches in to help. The money is said to come out of the budget for the next fiscal year, which begins Jul. 1, 08. Pima County Administrator Chuck Huckelberry stated that each taxing district's share will be divvied up proportionally to its share of property owners' tax bills. [TUCSON CITIZEN: SETTLEMENT WITH QWEST COSTS COUNTY TAXPAYERS $6.5 MILLION]


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Published on Apr-2-08


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