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April 19, 2012 08:02 pm GMT
Sprint's had its fair share of problems to deal with as of late, but who knew one of them would be taxes? According to a new flurry of new reports, New York Attorney General Eric Schneiderman has filed a $300 million lawsuit against Sprint for (among other things) non-payment of taxes, and falsifying official tax documents.According to Reuters, Sprint failed to collect (and subsequently pass along) over $100 million of taxes from their customers over the past seven years. Schneiderman, who is picking up where a whistle-blower lawsuit filed against the carrier early last year, is seeking three times the amount of Sprint's underpayment plus additional penalties for good measure.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/H53mo4CdZdU/
New York Hits Sprint With $300 Million Lawsuit Over 7 Years Of Tax Dodging [Update: Sprint Responds]
Sprint's had its fair share of problems to deal with as of late, but who knew one of them would be taxes? According to a new flurry of new reports, New York Attorney General Eric Schneiderman has filed a $300 million lawsuit against Sprint for (among other things) non-payment of taxes, and falsifying official tax documents.According to Reuters, Sprint failed to collect (and subsequently pass along) over $100 million of taxes from their customers over the past seven years. Schneiderman, who is picking up where a whistle-blower lawsuit filed against the carrier early last year, is seeking three times the amount of Sprint's underpayment plus additional penalties for good measure.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/H53mo4CdZdU/
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