Taxation

 

Fair and predictable taxes are essential to keeping Virginia as the best state to do business. The cable industry supports a revenue system for the Commonwealth that is equitable and broad-based, fosters a favorable business climate and encourages economic development. The telecommunications industry is very competitive and therefore, encourages that all assessed taxes be technology neutral and equitable. States with burdensome and anti-competitive tax policies are inadvertently disadvantaged when it comes to investment assessments. Anti-competitive tax policies diminish innovation, restrain job creation and stifles broadband expansion.

 

Tax Codes Should Be:

  • Fair

  • Technology Neutral

  • Predictable

  • Equitable

  • Broad-based

  • Minimum

 

The cable industry encourages that all taxes applied to telecommunications providers be technology neutral to ensure fair competition and to promote innovation. A lower tax burden allows businesses to invest in facilities and maintain robust infrastructures. 

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Richmond, Virginia 23219

804-780-1776

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