IRS Broadens, Clarifies Nuclear Decommissioning Cost Rules

Überblick


Martha Groves Pugh said a new IRS guideline on nuclear power plant decommissioning costs “is what the industry was looking for, and it’s very favorable” because it would “remove any lingering uncertainty” about whether reimbursements by a fund to related parties that paid the costs don’t constitute self-dealing, which is subject to an excise tax.