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Energy Business Law

FERC Announces Tax Reform Actions and Eliminates Income Tax Allowance for Master Limited Partnerships

By Martha Groves Pugh, McDermott Will & Emery

FERC announced actions in response to the 2017 tax reform legislation and a revised income tax policy, which eliminates the income tax allowance for Master Limited Partnerships. Regulated entities should ensure that they comply with FERC’s orders regarding the treatment of income taxes and consider whether to file comments on the proposed rulemaking and notice of inquiry.

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Originally published at energybusinesslaw.com

Citation

Martha Groves Pugh, McDermott Will & Emery, FERC Announces Tax Reform Actions and Eliminates Income Tax Allowance for Master Limited Partnerships, Energy Business Law (March 23, 2018) [The Library at LexBlog, LEX-WK-NEJ0R8WK, lexpid.org/NEJ0R8WK]

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