{"data":{"id":"us-ga/o.c.g.a.-46-2-26.2","jurisdiction":"us-ga","citation":"O.C.G.A. § 46-2-26.2","heading":"Tax accounting by utilities in rate-making proceedings.","body":"For purposes of determining a utility’s cost of service in rate-making proceedings, the income tax expense portion shall be calculated on the basis of net income before income taxes. Any difference between income based on the utility’s accounting records and income determined in accordance with United States Internal Revenue Service laws and regulations will be accounted for as required by generally accepted accounting principles governing all businesses.","path":["TITLE 46 Public Utilities and Public Transportation","CHAPTER 2 Public Service Commission","Article 2 Jurisdiction, Powers, and Duties Generally"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.46.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"0c86b791bf3d8b0a19ba6893953ebb8f36a42df97f187bc96871deb365a8b4df","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-46-2-26.1","next":"us-ga/o.c.g.a.-46-2-26.3"},"notice":"GroundRules: Original legal text. Not legal advice."}