Qualifying Utility

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Qualifying Utility

Dividends and other income from stock in a utility company. Between 1981 and 1985, one could defer paying taxes on qualifying utilities if one reinvested this income in the same utility company. This was useful because some governments limited the profits these companies were allowed to make.
References in periodicals archive ?
Tell us a little about yourself: Originally from a design engineering background I became a qualified utilities installer for electricity, gas and water.
The PUTP was believed to represent a negligible fall hazard for qualified utilities workers.
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