Posts Tagged ‘tax equivalent payments’

TVA paid $35 mil to Miss. in lieu of taxes

by Associated Press Published: November 9,2010

Tags: energy, tax equivalent payments, TVA

KNOXVILLE, Tenn. — The Tennessee Valley Authority’s payments in lieu of taxes increased by 9 percent to $550 million in fiscal 2010. The utility has approved the final payment for the fiscal year that ended Sept. 30. TVA said in a statement Monday that it makes the payments to eight states and 144 local governments […] [...]

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