“(iii) in May perhaps 1983, the court of best jurisdiction while in the Condition where the school is situated fixed the zoning dispute in favor of the school.
(19) Capable good electric powered grid units (A) In generalThe expression “skilled wise electrical grid process” suggests any smart grid home which— (i) is used as A part of a method for electric distribution grid communications, monitoring, and administration placed in service by a taxpayer who's a supplier of electric powered Strength or a provider of electrical Strength products and services, and
For purposes of the paragraph, all customers of the identical affiliated group of businesses (throughout the meaning of segment 1504 of The interior Earnings Code of 1986) submitting a consolidated return shall be dealt with as one taxpayer.
(nine) Normalization procedures (A) In generalIn purchase to work with a normalization method of accounting with regard to any community utility assets for uses of subsection (file)(two)— (i) the taxpayer need to, in computing its tax cost for functions of building its expense of assistance for ratemaking functions and reflecting working results in its regulated publications of account, utilize a technique of depreciation with regard to these types of assets that is similar to, and a depreciation interval for these residence that is certainly no shorter than, the method and period accustomed to compute its depreciation expense for this sort of functions; and
“(7) Sure leasehold enhancements.—The amendments created by portion 201 shall not utilize to any sensible leasehold enhancements, products and furnishings put in services by a lessee or its affiliates if— “(A) the lessee or an affiliate is the initial lessee of every developing in which these types of house is to be used,
(ii) an interconnection which has a transmission pipeline for which a certification as an interstate transmission pipeline has actually been issued from the Federal Energy Regulatory Fee,
“(a) In general.— In the case of any experienced motor vehicle agreement entered into on or before the 90th day following the date on the enactment from the Tax Reform Act of 1984 [July eighteen, 1984], The truth that these kinds of settlement has a terminal rental adjustment clause shall not be taken into consideration in determining no matter if these agreement is often a lease.
The advantage of deductions by cause in the previous sentence shall be allowed to estates and trusts in the exact same manner as in the situation of somebody. The allowable deduction shall be apportioned among the revenue beneficiaries as well as the fiduciary in accordance with regulations prescribed underneath part 642(f).”
“(ii) the amount which would be the balance in such reserve if the level of such reserve had been determined by assuming that the corporate rate reductions provided Within this Act [see Tables for classification] have been in influence for all prior periods.
“(ii) entirely on account of situations which, as based on the Secretary in the Treasury or his delegate, are not in the control of the lessor or lessee.
Any time period laid out in the preceding sentence shall not use to any assets requested just before (or the development, reconstruction, or erection of which started right before) the date of the Executive order Until the President determines an previously day to become in the public curiosity and specifies such day in The chief get.
For functions of the paragraph, the expression ‘experienced particular person’ implies any person who transfers his legal rights in such a deal or these types of residence for the taxpayer but only if the residence is just not placed in assistance by these kinds of individual prior to these types of legal rights are transferred towards the taxpayer.”
For uses of your preceding sentence, such area rico168 three(d) shall be utilized by dealing with the term “previous Indian reservations in Oklahoma” as including only lands which are in the jurisdictional place of an Oklahoma Indian tribe (as based on the Secretary of the Interior) and therefore are acknowledged by this kind of Secretary as eligible for belief land position underneath 25 CFR Part 151 (as in effect on the day on the enactment of the sentence).
“(I) A task is explained in this subparagraph if it requires not much more than two all-natural gasoline-fired merged cycle electric powered producing units Each and every getting a Internet electrical capacity of close to 233 megawatts, and a product sales agreement for approximately a single-fifty percent on the output with the 1st device was entered into in December 1985.