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Expert Analysis

How FERC Is Acting On Income Tax Allowances And The TCJA

By Linda Walsh, William Demarest and Sylvia Bartell (March 22, 2018, 12:16 PM EDT) -- The Federal Energy Regulatory Commission took swift action to respond to the recent United Airlines v. FERC decision regarding income tax allowances, as well as to implement changes stemming from the Tax Cuts and Jobs Act, P.L. 115-97, "to ensure that the economic benefits related to the reduction in the federal corporate income tax rate are passed through to customers."...

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