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Court: DirecTV owes $15M to South Carolina in tax dispute
Court Watch |
2017/09/02 09:00
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A court has ruled that pay-television giant DirecTV owes South Carolina nearly $15 million because of the way the company calculates its tax bill in the state.
The Post and Courier of Charleston reports the South Carolina Court of Appeals found that DirecTV revised its returns to the Department of Revenue in a way that understated how much money it collected from customers in the state over several years. The decision issued Thursday upholds a lower court ruling from June 2015.
Taxes on more than $2 billion in South Carolina subscriber fees are at stake.
The California-based company, which was acquired by AT&T in 2015, could pay the money or appeal to the S.C. Supreme Court. A DirecTV spokeswoman says the company is reviewing the court decision.
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