Rapid Amortization in Regulated Industries: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fifth Congress, First Session, Pursuant to S. Res. 57, Parte2U.S. Government Printing Office, 1957 - 1289 páginas |
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Página 47
... income - tax savings , and resulting increase in net income , arising out of the certificates of accelerated amortization received by electric - utility companies . Interested persons were invited to submit their views and comments ...
... income - tax savings , and resulting increase in net income , arising out of the certificates of accelerated amortization received by electric - utility companies . Interested persons were invited to submit their views and comments ...
Página 48
... income , has been paid by the customers under the rates which they must pay for their electric power , the customers should receive the benefit of it . This is a matter of law , as well as of equity . It is the customers ' money and the ...
... income , has been paid by the customers under the rates which they must pay for their electric power , the customers should receive the benefit of it . This is a matter of law , as well as of equity . It is the customers ' money and the ...
Página 49
... income taxes on the extra or excess depreciation allowed . If we assume normal depreciation at 3 percent , the excess depreciation allowed for each of the 5 years is 17 percent . At the end of those 5 years the companies will have ...
... income taxes on the extra or excess depreciation allowed . If we assume normal depreciation at 3 percent , the excess depreciation allowed for each of the 5 years is 17 percent . At the end of those 5 years the companies will have ...
Página 52
... income that it knows will be received , nor can it base its opinion upon fictitious expenses , whether those are expenses of income taxes or coal purchases . In its rate- making a regulatory body must consider the actual facts and not ...
... income that it knows will be received , nor can it base its opinion upon fictitious expenses , whether those are expenses of income taxes or coal purchases . In its rate- making a regulatory body must consider the actual facts and not ...
Página 56
... income - tax savings resulting from accelerated amortization . Such amortization is permitted under certificates of necessity , applicable to emergency facilities , issued pursuant to section 124A ( 1952 ) , to encourage construction in ...
... income - tax savings resulting from accelerated amortization . Such amortization is permitted under certificates of necessity , applicable to emergency facilities , issued pursuant to section 124A ( 1952 ) , to encourage construction in ...
Términos y frases comunes
AANDAHL accelerated amortization accounting amount applications April benefits Cabinet Gorge Cabinet Gorge Dam capacity Chairman committee Congress construction consumers COSDON cost criteria December 31 Defense Mobilization deferred taxes depreciation Ebasco electric power electric utilities ELLIS ENGLISH expansion goal facilities fast tax writeoff Federal Power Act Federal Power Commission filed Flemming Government granted GRAY hearing Hells Canyon Dam Idaho Power Idaho Power Co income taxes industry interest Internal Revenue investment issuance issued KENDALL kilowatts KUYKENDALL letter license matter McDONALD million Northwest NORWOOD Office of Defense percent plant Power & Light power companies press release public power question RADIN RAINWATER recommended record requirements Secretary SEATON Senator CARROLL Senator DIRKSEN Senator KEFAUVER Senator O'MAHONEY Senator WILEY Sherman Adams Snake River staff statement subsidy tax amortization certificates tax savings taxpayers tion Washington Water Power White House WYCKOFF
Pasajes populares
Página 52 - All rates and charges made, demanded, or received by any public utility for or in connection with the transmission or sale of electric energy subject to the jurisdiction of the Commission, and all rules and regulations affecting or pertaining to such rates or charges shall be just and reasonable, and any such rate or charge that is not just and reasonable is hereby declared to be unlawful.
Página 776 - War in pursuance of the provisions of the said section fourteen, shall be deemed guilty of a misdemeanor, and on conviction thereof shall be punished by a fine not exceeding twentyfive hundred dollars nor less than five hundred dollars, or by imprisonment (in the case of a natural person) not exceeding one year, or by both such punishments, in the discretion of the court.
Página 489 - So far as is consistent with proper operation of the project, the Licensee shall allow the public free access, to a reasonable extent, to project waters and adjacent project lands owned by the Licensee for the purpose of full public utilization of such lands and waters for navigation and for outdoor recreational purposes, including fishing and hunting: Provided.
Página 775 - That such structures may be built under authority of the legislature of a State across rivers and other waterways the navigable portions of which lie wholly within the limits of a single State, provided the location and plans thereof are submitted to and approved by the Chief of Engineers...
Página 173 - President as compensation to the taxpayer for the unamortized cost of the emergency facility made because — (A) A contract with the United States involving the use of the facility has been terminated by its terms or by cancellation, or (B) The taxpayer had reasonable ground (either from provisions of a contract with the United States involving the use of...
Página 173 - In the case of property held by one person for life with remainder to another person, the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to the life tenant.
Página 172 - Emergency facility" means any facility, land, building, machinery or equipment, or any part thereof, the construction, reconstruction, erection, installation or acquisition of which was completed after December 31, 1949, and with respect to which a Necessity Certificate has been made. (b) "Emergency period...
Página 33 - ... (1) There shall be included only so much of the amount otherwise constituting such adjusted basis as Is properly attributable to such construction, reconstruction, erection, installation, or acquisition after December 31, 1939, as either the Secretary of War or the Secretary of the Navy has certified as necessary In the Interest of national defense during the emergency period...
Página 489 - The installation of gages, the ratings of said stream or streams, and the determination of the flow thereof, shall be under the supervision of, or in cooperation with, the District Engineer of the United States Geological Survey having charge of stream-gaging operations in the region of said project, and the Licensee shall advance to the...
Página 491 - In the event the project is taken over by the United States upon the termination of the license as provided in Section 14 of the Federal Power Act, or is transferred to...