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MCI Telecommunications Corp. v. Public

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eBook details

  • Title: MCI Telecommunications Corp. v. Public
  • Author : Supreme Court Of Utah
  • Release Date : January 12, 1992
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 73 KB

Description

STEWART, Justice : In 1985, the Public Service Commission (Commission) granted Mountain States Telephone and Telegraph Co., now U.S. West Corp.
(U.S. West), 1 a $22 million general rate increase and established 14.2% as its authorized rate of return on equity. In
granting the increase, the Commission assumed that U.S. West would pay a federal corporate income tax of 46%, the then-existing
rate.


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