Our nuclear decommissioning tax attorneys are widely recognized as leaders in the taxation of nuclear decommissioning trust funds. We have extensive experience advising clients on the acquisition and disposition of nuclear power plants and the associated transfers of nuclear decommissioning trust funds, as well as the complex tax accounting issues and general tax planning issues implicating such funds. Our attorneys regularly secure private letter rulings from the IRS and draft legal opinions on these issues. We also secure private letter rulings necessary for making scheduled annual contributions to qualified nuclear decommissioning trust funds and for making "pour over" contributions from nonqualified funds or other sources.
The utility tax practice publishes a subscription-based Washington Developments Tax Service, through which it provides advice to clients from all segments of the electric utility industry on emerging legislative, administrative, and judicial tax developments of particular relevance to their companies, including nuclear decommissioning tax issues. Please click here to learn more and to subscribe.