Archive: Exit Archive

PROPERTY TAX RECOVERY CHARGE

(formerly Property Tax Surcharge or Ad Valorem Charge)

 

The Property Tax Recovery Charge (PTRC) is a charge equal to 8% of all eligible telecommunications charges and 5.5% of all eligible interconnected VoIP service charges, excluding Taxes, appearing on a Customer's invoice. The PTRC is being imposed to recover a portion of the property taxes that Company pays to state and local jurisdictions. This is a Company charge, not a Tax or fee that the government requires Company to collect. The Federal Universal Service Fund (FUSF) charge applies to the PTRC.