We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Tax Law Challenges For The Regulated Power Sector

Law360 (April 27, 2018, 5:10 PM EDT) -- Last year marked a significant milestone for the U.S. power sector and regulated utility companies. In Dec. 2017, President Trump signed the monumental $1.5 trillion tax overhaul bill, which included several provisions relevant to regulated power companies. Like other corporations, regulated power companies will now enjoy a lower tax rate of 21 percent under the new law going forward, down from the previous 35 percent tax rate.

This lower tax thrilled companies in almost every sector due to a lower tax rate naturally benefiting companies with increased earnings and cash flow, leading...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.