Illinois Administrative Code
Title 86 - REVENUE
Part 510 - THE PUBLIC UTILITIES REVENUE ACT
Section 510.185 - Interdepartmental Transfers

Universal Citation: 86 IL Admin Code ยง 510.185

Current through Register Vol. 48, No. 12, March 22, 2024

a) The distribution of electricity between the various departments of a taxpayer does not result in any liability for tax under the Act, notwithstanding that one department of the taxpayer receiving such electricity is, for accounting purposes, charged with the value of the electricity by another department of the same taxpayer distributing the electricity.

b) However, where electricity is distributed to a separate corporation or legal entity for use or consumption and not for resale, the taxpayer distributing the electricity is liable for tax.

c) It is immaterial that electricity so distributed by a taxpayer is distributed to the taxpayer's wholly-owned subsidiary, or that the two corporations may be wholly or partially under a common ownership or management. The Department will not disregard separate corporate entities in applying the Act.

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