Common Contracts
1 similar null contracts
31948 Federal Register / Vol. 65, No. 98 / Friday, May 19, 2000 / NoticesApril 7th, 2016
Applicants request the Commission approve an agreement for the allocation of consolidated tax among Energy East and the Subsidiaries (‘‘Tax Allocation Agreement’’). Approval is necessary because the proposed Tax Allocation Agreement may provide for the retention by Energy East of certain payments for tax losses incurred, rather than allocate these losses to Subsidiaries without payment, as rule 45(c)(5) would otherwise require. Applicants state that Energy East or its finance subsidiary will create tax deductions chiefly in the form of deductions for interest expense on the Acquisition Debt that are non- recourse to the Subsidiaries.
