Year of Award
Master of Science in Taxation (MST)
College of Business & Professional Studies
capital, service, income, taxable, revenue
Questions relating to contributions in aid of construction and their effects on income taxes have created issues that have plagued the regulated public utility industry for more than 65 years. These tax issues have appeared in many different forms, ranging from the effects of these transactions on depreciation to inclusion as gross income. With each different twist, the public utility, the Internal Revenue Service, the Congress, or the Courts have added complication. This paper is intended to provide some insight as to where the public utility industry stands today.
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Turner, Bryan Kent, "The Public Utility Industry Albatross Code Section 118 and Contributions in Aid of Construction" (1993). Theses, Dissertations, and Capstone Projects. 253.
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