Tax Cuts & Jobs act 2017 Impacts Formula and Stated Rates
On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act of 2017 (“TCJA”), which significantly overhauled the Internal Revenue Code of 1986. The ink on the President’s signature had barely dried on the TCJA before consumer advocates and wholesale customers started demanding that any benefits resulting from the TCJA be passed to utility ratepayers. A key component of the TCJA is the change to the corporate income tax rate from the current statutory rate of 35% to 21%.
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Securing Critical Utility Functions Effectively & Efficiently
As we have seen through recent cyber-attacks, even the most secured cyber systems may be vulnerable to hackers, foreign actors, or other persons with malicious intent. In 2016, a major attack occurred using devices that were part of the Internet of Things (IOT), to block access to critical applications that rely on internet connections. This exposed even the simplest internet facing devices, such as smart TVs, appliances, and cameras.
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Upcoming Conferences
February 19-22
AESP 28th National Conference
New Orleans, Louisiana
February 25-28
2018 TechAdvantage Conference
& NRECA Annual Meeting
Nashville, Tennessee
Upcoming Webinars
March 13
Sizing Three-Phase Transformers
April 10
Transformers Banking
Note: All webinars are recorded and are available for viewing post-presentation.