[Download] "Mountain States Telephone and Telegraph Co. v. Public Utilities Commission" by Colorado Supreme Court * Book PDF Kindle ePub Free
eBook details
- Title: Mountain States Telephone and Telegraph Co. v. Public Utilities Commission
- Author : Colorado Supreme Court
- Release Date : January 30, 1972
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 78 KB
Description
On this appeal, in Colorado Municipal League v. Public Utilities Commission, 172 Colo. 188, 473 P.2d 960 (1970), we affirmed the district court on four of the issues, and reversed and remanded as to the remaining two. We held that the Commission abused its discretion in not imputing tax benefits which would have accrued to Mountain Bell had it availed itself of an accelerated method of depreciation under ? 167 of the Internal Revenue Code. We further ruled that the Commission acted arbitrarily and capriciously in awarding Mountain Bell additional annual revenue in the amount of approximately $1,200,000 to compensate for abnormal inflation. In remanding the cause to the district court, we said: