IRS PLR: Schedule of Ruling Amounts for Nuclear Plant Decommissioning Costs Approved (IRC §468A)

The IRS has published a private letter ruling on IRC §468A(d)(3) and Treas. Reg. §1.468A-3(f)(1), determining that the taxpayer’s proposed schedule of ruling amounts satisfies the requirements of §468A because, among other factors, the taxpayer has a qualifying interest in the plant and is an eligible taxpayer under Treas. Reg. §1.468A-1(b)(1). [PLR 202536016]

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