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Limited Partnerships Federal Energy Regulatory Commission

McDermott Will & Emery

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

McDermott Will & Emery on

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...more

Eversheds Sutherland (US) LLP

D.C. Circuit Questions FERC’s Policy Statement on Income Tax Allowances

On July 1, the U.S. Court of Appeals for the District of Columbia Circuit issued its opinion in United Airlines, Inc., et al. v. FERC. This oil pipeline rate case appeal involves SFPP, L.P., a pipeline organized as a limited...more

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