text_combined: tax reserve allegheny peakers may clear yesterday passage time challenge taxing authority get back want aggressive today push matt smaller reserve original message kitchen louise sent tuesday may 01 2001 7 34 miller hou ect enron subject tax reserve allegheny peakers looks like get back need forwarded louise kitchen hou ect 05 01 2001 07 33 stephen h douglas enron enronxgate 04 30 2001 08 32 pm louise kitchen hou ect ect cc subject tax reserve allegheny peakers reserve referred relates sales use tax sales use tax liability related purchase use peaker project companies various equipment e turbines illinois transformers tennessee indiana used construct peaker facilities illinois indiana tennessee enron bears tax obligation sales agreement pursuant sold peakers allegheny effectively tax liability pre acquisition date tax liability seller responsible typically equipment used construct peakers would assessed sales use tax purchased project company built respective peaker tax would effectively passed buyer sale allegheny ews tax department structured acquisition respective equipment either avoid sales use tax spread cost tax time example sales leaseback strategy employed illinois spread cost sales use tax many years lease payments made rather pay front ultimately benefitted since use much cash constructing peakers earned disposition peakers otherwise would since counterparty would believe specific case allegheny modelled cost peakers including full current payment sales use tax said requested portion disposition proceeds sale peakers reserved applicable statute limitations related types strategies employed achieve described results expires since risk position could challenged challenged risk would prevail matt may 8 recent father baby girl upon return available discuss matter whomever would like matt worked closely others generation asset group assured suggested reserve sound overly conservative liberal position best regards steve original message kitchen louise sent monday april 30 2001 3 18 pm matthew f gockerman hou ect enron cc stephen h douglas hou ect enron miller hou ect enron subject tax reserve allegheny peakers notice gain substantially decreased due tax reserve increase 5 added recently regards louise