Ohio Bell Telephone Co. v. Public Utilities Commission

Ohio Supreme Court December 26, 1922

Ohio Bell Telephone Co. v. Public Utilities Commission, 1 Ohio Law. Abs. 72 (Ohio 1922)

139 N.E. 857; 106 Ohio St. 266; 1922 Ohio LEXIS 244

Clark, Hough, Jones, Marshall, Matthias, Robinson, Wanamaker

Opinion of the Court

JONES, J.:

In determining whether rates chargeable by a utility yield reasonable compensation for service rendered and are just and reasonable under Section 614-23, General Code, the federal income tax should be included as part of its operating expenses, to be deducted from gross revenue in ascertaining net income.

Order reversed.

Marshall, C. J., Hough, Robinson, Matthias and Clark, JJ., concur. Wanamaker, J., dissents.

Reference

Full Case Name: The Ohio Bell Telephone Co. v. Public Utilities Commission of Ohio
Status: Published