Section Rev 2602.03 - Uncollectible Consumer Accounts(a) Distribution companies may take a deduction on their electricity consumption tax return for the amount of the electricity consumption tax previously paid to the department for a consumer:(1) Whose account has been deemed uncollectible by the distribution company; and(2) For whom the distribution company has taken a bad debt deduction under the provisions of the current U.S. Internal Revenue Code.(b) Distribution companies shall increase the amount of electricity consumption tax payable to the department of revenue administration in a month by reporting the amount of a consumer's tax previously deducted by the distribution company but which was then collected during the current month..N.H. Admin. Code § Rev 2602.03
#7479, eff 4-24-01 ; ss by #9443, eff 4-1-09
Amended by Volume XXXVII Number 15, Filed April 13, 2017, Proposed by #12138, Effective 3/22/2017, Expires 3/22/2027.