PROPERTY TAX RECOVERY CHARGE
(formerly Property Tax Surcharge or Ad Valorem Charge)
The Property Tax Recovery Charge (PTRC) is a charge equal to 5.50% of all eligible telecommunications and 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 charge is not a Tax or fee that the government requires Company to collect. The charge applies to the PTRC.