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Open letter: Clawback of tax benefit due to excess gearing



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Title Open letter: Clawback of tax benefit due to excess gearing
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Document overview Decision on implementation of the ex post adjustment considered in the TPCR, GDPCR and DPCR4 final proposals. The adjustment claws back from the revenue benefit they obtain form lower tax costs as a result of high gearing.
Document type Other
Publication date 31/07/2009
Area of work Electricity Distribution
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