Neustar Inc. said a confidential e- mail that surfaced on a government website shows that the U.S. Federal Communications Commission has been urged to shift a contract for services held by Neustar over to rival Ericsson AB.
Neustar Inc., a telephone-directory services provider, had its biggest two-day stock gain since 2008 as the company lobbied U.S. regulators to retain a contract responsible for more than half its revenue.
Puerto Rico occupies a space between foreign and domestic status with U.S. citizenship for residents, its own Olympic team and a tax system that allows individuals and companies the chance to elude the IRS.
A tax break used by oil and gas pipeline companies such as Kinder Morgan Energy Partners LP will cost the U.S. government $7 billion through 2016, about four times more than previously estimated, Congress’s tax scorekeepers said this month.
For more than 60 years, the Tennessee Gas Pipeline has linked natural-gas wells in Texas to customers in the north. Until last year, it paid federal corporate income taxes on its earnings, setting aside $107 million in 2011 alone.