Large telecommunication services provider obtains no tax due audit and significant refunds
Clients Telecommunication services provider
Jones Day represented a large telecommunication services provider in a series of Texas margin tax matters. Jones Day intervened in a pending audit and convinced the Comptroller's auditor that no additional tax was due on audit. Following the conclusion of the audit, Jones Day filed a series of affirmative refund claims seeking refunds related to prior denials of business loss carryover credits. The Comptroller ultimately granted all of the claimed refunds in full.