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 ?
Co-firing, a process of adding wood fiber to coal, is relatively inexpensive for industry, plentiful, available and substantially reduces emissions, qualifying utilities for "GREEN CERTIFICATES".