XEROX LOSES TAX DISPUTE WITH STATE OF WINSCONSIN

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XEROX LOSES TAX DISPUTE WITH STATE OF WINSCONSIN

 user 2009-08-14 at 4:06:32 pm Views: 65
  • #22556

    http://www.channel3000.com/news/20235734/detail.html
    Xerox Loses Tax Dispute With State
    $8.3 Million Of Equipment Leased In Wisconsin
    MADISON, Wis. — Xerox Corp. has lost a tax dispute with the state of Wisconsin involving millions of dollars of equipment leased to Milwaukee and La Crosse.Xerox argued that the stand-alone devices that can print, copy, fax and scan should not be subject to personal property taxes because they should be defined as computers, which are exempt.

    The 4th District Court of Appeals on Thursday ruled that the devices are taxable.Xerox attorney Maureen McGinnity said the company disagrees with the ruling and is reviewing its appeal options. A spokesman for the state Department of Justice, which defended the cities, had no immediate comment.McGinnity said the property was valued at $8.3 million for tax purposes and Xerox was seeking a refund on $104,000 worth of taxes.