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.
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References in periodicals archive ?
Without a qualified utility to buy and then resell the electricity to consumers, developers will not construct a wind farm.
The money is distributed to states and passed on to counties to help qualified utility customers pay their bills and keep the heat and lights on.
Through its contractor, AWWA will be providing help through an "Assistance Team," also known as the A-Team, comprised of qualified utility personnel and engineering consultants.
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