Tuesday October 20, 2015

Sprint Loses Bid To Dismiss $300M N.Y. Tax Fraud Lawsuit

It looks as though Sprint will have to face that tax fraud case in New York after all. The bad news for Sprint customers is that, if the company loses this lawsuit, the cost will be passed on to them.

Sprint must face a $300 million fraud lawsuit by New York state claiming the company deliberately failed to bill customers for taxes on its wireless services over seven years, the state's top court ruled on Tuesday. The Court of Appeals in a 4-1 decision rejected Sprint's claims that a 2002 state law imposing sales taxes on interstate mobile phone services violated the U.S. Constitution.