The FCC should reverse a Wireline Bureau order that established...
The FCC should reverse a Wireline Bureau order that established an “asymmetrical, one year limit” on a contributor’s ability to refile its Form 499 to revise its revenue downward, thereby reducing its required contributions, Verizon told an aide to Commissioner…
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Ajit Pai Friday, an ex parte filing said (http://xrl.us/bnvo3e). The bureau exceeded its authority when it set a one-year deadline to refile, which is “too short for carriers to reasonably identify all situations where they may have overpaid their required contributions,” Verizon said. The Independent Telephone & Telecommunications Alliance agreed that the one-year deadline is too short, as state government agencies and auditors could make decisions requiring restatements beyond one year, it told aides to commissioners Jessica Rosenworcel and Mignon Clyburn Tuesday (http://xrl.us/bnvozv). That could make it “impossible to report decreased contribution liability within 12 months of the due date of the original filing,” ITTA said.