RP-2024-15: Federal income tax treatment that may apply to certain legislatively authorized transactions entered into by a public utility to recover specified costs

Bookmark and Share IRS.gov Banner IRS GuideWire February 29, 2024 NEWS ESSENTIALS What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Around The Nation e-News Subscriptions - IRS RESOURCES Contact My Local Office Filing Options Forms & Instructions Frequently Asked Questions News Taxpayer Advocate Where to File - ISSUE NUMBER:    RP-2024-15 INSIDE THIS ISSUE - Revenue Procedure 2024-15 sets forth the Federal income tax treatment that may apply to certain legislatively authorized transactions entered into by a public utility to recover specified costs through a surcharge to customers within the utility’s service area. The transactions in question involve a securitization in which the issuance of debt instruments is by a qualifying State financing entity. The revenue procedure also modifies Rev. Proc. 2005-62, 2005-2 C.B. 507. Revenue Procedure 2024-15 will be in IRB: 2024-12, dated March 18, 2024. Back to Top - Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. - Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your . You will need your email address to log in. If you have questions or problems with the subscription service, visit . This service is provided to you at no charge by the Internal Revenue Service (IRS). - This email was sent to [email protected] by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington, D.C. 20535 GovDelivery logo