Accounting and Ratemaking Treatment of Accumulated Deferred Income Taxes and Treatment Following the Sale or Retirement of an Asset
natural-gas-pipeline · Federal Energy Regulatory Commission · Published 2018-11-23 · 83 FR 59295
Document
Document number
2018-25372
Federal Register citation
83 FR 59295
CFR reference
18 CFR 35
Type
Rule
Action
Policy statement.
Category
natural-gas-pipeline
Sub-agency
Federal Energy Regulatory Commission
Publication date
2018-11-23
Energy docket
Docket No. PL19-2-000
Abstract
In this Policy Statement, the Federal Energy Regulatory Commission (Commission) states its policy regarding the treatment of Accumulated Deferred Income Taxes for both accounting and ratemaking purposes as to Commission-jurisdictional public utilities, natural gas pipelines and oil pipelines, in light of the Tax Cuts and Jobs Act of 2017. In addition, the Commission addresses the accounting and ratemaking treatment of Accumulated Deferred Income Taxes following the sale or retirement of an asset.