Reuters Fights On In Tax Dispute Against Texas

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Reuters America Inc. (RAM) is cooling its heels in a three-year-old tax-law dispute with the State of Texas. Last month, a Texas court denied RAM's bid for a sales-tax exemption despite the fact that the state exempts newspapers from such taxation. Reuters -- which has challenged the law on constitutional grounds -- has since filed a motion seeking a re-hearing on the issue.

At press time, the Third District Court of Texas had yet to act on RAM's motion. According to a clerk for the court, th

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