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Hypothetical tax expense not allowed in rate setting
May a subsidiary water company claim as an expense, for rate‐making purposes, an amount it would owe for income taxes as a single entity when its actual tax liability was zero after a consolidated return was filed? An Illinois appellate court ruled that such a practice could not be allowed.
Hypothetical tax expense not allowed in rate setting
May a subsidiary water company claim as an expense, for rate‐making purposes, an amount it would owe for income taxes as a single entity when its actual tax liability was zero after a consolidated return was filed? An Illinois appellate court ruled that such a practice could not be allowed.
Hypothetical tax expense not allowed in rate setting
01.06.1983
1 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Unilateral Rate Increase Allowed
Wiley | 1996
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Engineering Index Backfile | 1920
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