Tag: Tax Deduction

News and Policies, State

PG&E Gets $470 Million Tax Deduction For Fire Settlements

January 21, 2020

Via: Forbes

As bankrupt utility PG&E settles its fire liabilities, are taxes involved? You bet. A new regulatory filing says that PG&E’s $1.68 billion settlement agreement with California over wildfires could save the utility $470 million in taxes. Nearly all the wildfire […]