On March 15, 2018, the Federal Energy Regulatory Commission (“FERC”) issued an order on remand disallowing an income tax component in cost-of-service rates charged by an interstate oil pipeline owned by a master limited...more
3/20/2018
/ Corporate Taxes ,
Energy Sector ,
FERC ,
Income Taxes ,
Master Limited Partnerships ,
Natural Gas ,
Oil & Gas ,
Pass-Through Entities ,
Pipelines ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Utilities Sector
On October 20, 2016, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued an advanced notice of proposed rulemaking (“ANOPR”) seeking comments on potential revisions to (1) the Commission’s policies for...more
On Friday, July 1, 2016, a panel of the United States Court of Appeals for the District of Columbia Circuit reopened the issue of whether pipelines organized as partnerships can claim a tax allowance for ratemaking purposes...more