FERC reexamines treatment of income taxes as recoverable costs for flow-through entities
Article Abstract:
The controversial rulings of the United States Court of Appeals for the District of Columbia in BP West Coast Products, LLC v. FERC, 274 F.3d 1263 (CA-D.C., 2004) and City of Charlottesville v. FERC, 774 F.2d 1205 (CA-D.C., 1985) are forcing the Federal Energy Regulatory Commission (FERC) to review its policies relating to treatment of income tax as recoverable costs for flow-through energy entities. A comparative analysis of the implications of FERC's existing provisions and the proposed provisions on taxation of energy utilities is presented.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2005
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Planning tax advice under circular 230 and the Jobs Act
Article Abstract:
An in-depth analysis of the American Jobs Creation Act of 2004, the revised circular 230 which spells out new amendments in the corporate tax issues, and a historical perspective of the act are presented.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2005
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