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 4:07:35 pm Views: 77
  • #22644
    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.