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(DOWNLOAD) "City And County Of San Francisco V. Public Utilities Commission" by Supreme Court Of California ~ eBook PDF Kindle ePub Free

City And County Of San Francisco V. Public Utilities Commission

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eBook details

  • Title: City And County Of San Francisco V. Public Utilities Commission
  • Author : Supreme Court Of California
  • Release Date : January 26, 1971
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 78 KB

Description

These are consolidated proceedings to review Decision No. 77984 of the Public Utilities Commission of the State of California. The decision provides that the Pacific Telephone and Telegraph Company (Pacific) may use accelerated depreciation with the normalization method of accounting as defined in subsection (l)(2)(B) of section 167 of the Internal Revenue Code and that, if it elects to do so, the commission, for rate making purposes, will compute Pacific's tax expense on the basis of straight line depreciation for the purpose of establishing its cost of service and will give recognition to the normalization tax reserve in determining rate base. The decision was made effective immediately.*fn1


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