IOU taxes fade away. [Investor-owned utilities]
Journal Article
·
· Public Power; (United States)
OSTI ID:6672085
Federal tax laws give more benefits to some investor-owned utilities (IOUs) than to public utilities, which contributed 6.7% of their gross operating revenue to local governments to the IOUs' 5.6% in taxes at all levels, while 48 IOUs paid no income tax at all. A comparison of regional tax burdens and a company breakdown of taxes and income suggests that the tax gap may continue to grow because shrinking federal contributions to state and local governments will subject utilities to higher taxes to replace the lost revenue. 2 tables. (DCK)
- OSTI ID:
- 6672085
- Journal Information:
- Public Power; (United States), Journal Name: Public Power; (United States) Vol. 40:4; ISSN PUPOA
- Country of Publication:
- United States
- Language:
- English
Similar Records
IOUs tax records refute their claims. [Investor-owned utilities]
Now about that 46% IOU tax rate. [Investor-owned utilitties tax breaks]
Public power contributes more: IOUs pay proportionately less state, local taxes
Journal Article
·
· Public Power; (United States)
·
OSTI ID:6595993
Now about that 46% IOU tax rate. [Investor-owned utilitties tax breaks]
Journal Article
·
Fri Feb 29 23:00:00 EST 1980
· Public Power; (United States)
·
OSTI ID:5443695
Public power contributes more: IOUs pay proportionately less state, local taxes
Journal Article
·
· Public Util. Fortn.; (United States)
·
OSTI ID:5856637