Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 40043 — Special Provisions and Exemptions
Cal. Rev. & Tax. Code § 40043
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The consumption by an electric utility of purchased electrical energy that is used directly, lost by dissipation or unaccounted for in accordance with generally accepted accounting principles by the electric utility in the process of generation, transmission and distribution of electrical energy…
Citator
Cal. Rev. & Tax. Code § 40043 — Special Provisions and Exemptions is in force in the current edition of the Code, and nothing recorded condemns it.
The consumption by an electric utility of purchased electrical energy that is used directly, lost by dissipation or unaccounted for in accordance with generally accepted accounting principles by the electric utility in the process of generation, transmission and distribution of electrical energy is exempt from the surcharge.