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TAX COURT RULING UPHOLDS TCI ACCOUNTING METHODS

A U.S. Tax Court has issued a ruling that supports cable television giant Tele-Communications Inc. and the accounting methods it traditionally has used to amortize its franchise costs.

As a result of the ruling, no changes will have to be made in the way that TCI has handled its purchases of cable television systems on its tax filings, the company said. TCI provides cable television service in Buffalo.

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