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 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