Atlanta, GA (October 19, 2012) InfraREIT Capital Partners continue to expand their use of the PowerPlan Asset Management Suite by leveraging the PowerTax Provision Solution. PowerTax Provision provides the monthly computations, entries, and support for all current and deferred income tax entries, including deferred taxes associated with OCI, NOLs, and credit carry-forwards. The module determines monthly tax liability across multiple companies, consolidated business segments, and tax jurisdictions. The system lowers accounting risk, increases productivity and lowers cost of ownership.
About InfraREIT Capital Partners:
InfraREIT Capital Partners, LLC is a partnership that leverages the expertise and active participation of their investors and mobilizes capital to invest in the electricity and gas transmission and distribution sectors. InfraREIT uses the concept of a REIT structure to own infrastructure assets.
About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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