Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ACCOUNTING PRACTICES AND RATE MAKING FOR CERTAIN UTILITIES
Adjustment of Rates in Conformity With Federal Tax Reform
Section 704.651 - "Excess tax reserve" defined
Universal Citation: NV Admin Code 704.651
Current through December 31, 2024
"Excess tax reserve" means the excess of the reserve for deferred taxes, over the amount which would be the balance in the reserve if the amount of the reserve were determined by assuming that the reductions in corporate income tax rate provided in the Tax Reform Act of 1986 were in effect for all prior periods.
Added to NAC by Pub. Service Comm'n, eff. 8-31-89
NRS 703.025, 704.210
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