S.D. Admin. R. 20:10:13:92

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:10:13:92 - Schedule K-4 - Working papers for an allowance for current tax greater than tax calculated at consolidated rate

If the utility claims an allowance for current tax in its cost of service which would be greater than the federal income tax calculated at the consolidated tax rate or taxes as a percentage of total taxable income of individual companies with positive taxable income, full disclosure thereof shall be made, including the allocation among utility and nonutility departments of the tax payable and the assignment of deductions or tax benefits relied upon, or both.

S.D. Admin. R. 20:10:13:92

2 SDR 90, effective 7/7/1976; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 49-34A-4.

Law Implemented: SDCL 49-34A-10, 49-34A-12, 49-34A-41.