Utility Tax Audits
Utility Tax Audits Utility Tax Reductions and/or Exemptions help to capture substantial immediate savings and retroactive cash refunds. Most states and local jurisdictions assess sales or other excises taxes on the purchase of utilities including, but not limited to, electricity, natural gas, water and wastewater. Depending on the taxing jurisdiction(s), use of the utility in the customer's locations, type of operation, multiple locations, etc. It is not widely known or published that said taxes and other fees may be able to be reduced or eliminated completely in addition to substantial retroactive cash refunds. These jurisdictions require detailed onsite engineering use or predominant use studies by a qualified independent 3rd party to determine the exact percentages of energy and utility use in various areas and specific operations. CWA can supply full services in this niche energy tax area including identification and quantification of the opportunity including an overall strategy for success, details on prevailing rules, local laws, completion of a onsite use/predominant use study, processing of exemption or reduction certificate and processing of cash refunds and/or credits for past statutory periods as well as other energy tax and efficiency actions to help maximize benefits and increase cash flow. Laws, treatment and process varies widely between various states and local utility jurisdictions.