Thursday, Jan. 11, 2018|1:11 p.m.
RENO– The Nevada Tax Commission will consider approving an almost $27 million tax refund for AT&T after authorities say the business paid sales and use taxes it didn’t owe to the state.
The Reno Gazette-Journal reports state tax auditors are suggesting for the commission at its meeting next week to authorize the refund that will be paid to two AT&T subsidiaries.
State Tax Commission Chairman Jim DeVolld states that from October 2013 to December 2014, the company paid taxes on equipment saved in its Reno warehouse but the products were sold out of state.
DeVolld states the paid taxes were likely from an accounting error, and the refund is an affordable demand.
The refund will likely be paid through credits expanded over several years.