Plant Tax Valuation Suit
Sector: Power Transmission • Location: Arizona, United States
Source: Bloomberg Law
The Arizona Supreme Court ruled that a power company can value its plant property at a negative number for tax purposes and can use a construction project to determine the value of that same plant. This decision allows San Diego Gas & Electric Co. to calculate the full cash value of its plant in service at about $1 million for 2020, as permitted by state law.
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Participants
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Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Arizona Supreme Court ruled that a power company can value its plant property at a negative number for tax purposes and can use a construction project to determine the value of that same plant. This decision allows San Diego Gas & Electric Co. to calculate the full cash value of its plant in service at about $1 million for 2020, as permitted by state law. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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