Sec.  54.708   De minimis exemption.

   If a contributor's contribution to universal service in any given year is
   less  than  $10,000  that contributor will not be required to submit a
   contribution or Telecommunications Reporting Worksheet for that year unless
   it is required to do so to by our rules governing Telecommunications Relay
   Service (47 CFR 64.601 et seq. of this chapter), numbering administration
   (47 CFR 52.1 et seq. of this chapter), or shared costs of local number
   portability  (47  CFR  52.21  et  seq. of this chapter). The foregoing
   notwithstanding, all interconnected VoIP providers, including those whose
   contributions  would  be de minimis , must file the Telecommunications
   Reporting Worksheet. If a contributor improperly claims exemption from the
   contribution requirement, it will subject to the criminal provisions of
   sections 220(d) and (e) of the Act regarding willful false submissions and
   will be required to pay the amounts withheld plus interest.

   [ 64 FR 41331 , July 30, 1999, as amended at  71 FR 38797 , July 10, 2006]

   Effective Date Note:   At  71 FR 38797 , July 10, 2006,  Sec. 54.708 was amended by
   adding  a  new  sentence  after the first sentence. This text contains
   information collection and recordkeeping requirements and will not become
   effective until approval has been given by the Office of Management and
   Budget.