Balancing Charge

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Balancing Charge

The amount by which the sale price of an asset exceeds its written-down value. The written-down value is considered the actual value of the asset for tax purposes. As a result, a balancing charge is considered profit and is taxable.
References in periodicals archive ?
These costs are paid for by generators and suppliers via balancing charges.
The intra-day balancing actions of GTS on the within day market will also help support the market by setting the balancing charges for all shippers.
The Muller Wiseman Formula Price follows the same approach and unlike prices offered by competitors, it is not then eroded by deductions like member contributions, capital levies, balancing charges or haulage charges.
Of extra or hidden charges such as balancing charges, nomination chargers, service feeds, and onerous late payment charges.
Customers will be reimbursed by Firestone up to $100 per tire, including taxes, mounting and balancing charges.
The function of "responsable d'equilibre" was introduced in September to help consumers and producers balance their position on the electricity grid as a group rather than separate companies and to reduce balancing charges.
Bridgestone/Firestone will reimburse consumers up to $100 per tire including applicable mounting and balancing charges and taxes.
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