Audit shock avoidance

Journal Article · Sat Oct 01 00:00:00 EDT 1994 · Independent Energy

OSTI ID:86499

Cooper, H A

As the number of generating facilities constructed by independent power companies grows in the United States, one undesired by-product will likely be increased scrutiny of the federal income tax treatment of these projects by the Internal Revenue Service (IRS). The IRS has been quite active in recent years auditing electric generating facilities owned by electric utilities, and there is no reason to believe independent power plants will receive any different treatment. In auditing independent power plants, the IRS can be expected to use many of the same arguments and take many of the same positions that it has developed in utility audits.

• OSTI ID: 86499
• Journal Information: Independent Energy, Vol. 24, Issue 8; Other Information: PBD: Oct 1994
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING AND POLICY
POWER PLANTS
AUDITS
US IRS