Rodney Anderson

Background

Rod is KPMG’s Nations Tax Leader for Power and Utilities and is located in the Houston office. He has more than 30 years of experience working with energy companies with various tax and industrial issues. 

Professional and industry experience

Rod has extensive knowledge in the analysis of tax issues associated with investor owned utilities and independent power entities.  Some of the issues he has assisted clients with include FAS 109 (including industry specific FAS 109 issues), FIN 48,restructuring of power purchase agreements, contribution in aid of construction issues, fuel contract restructuring, entity formation, partnership planning including special allocations and carried interests, mergers and acquisitions and international expansion. 

• Servers as the National Tax Leader for KPMG’s Power and Utility practice and has been a presenter at various Tax Share Forum’s, international and external training events (including tax aspects of the rate making process) and Tax Watch Webcasts.
• Served various clients with projects related to issues associated with accounting for income taxes including various aspects of ASC 740 and ASC 740 (FIN 48). Rod has been an internal and external presenter for accounting for income tax issues. 
• Served in various sectors for the energy industry (regulated and unregulated) including generation, production, transmission, distribution, retail supply, renewable and natural gas pipelines. 

Publications and speaking engagements

• “Tax Accounting Part #2” panel presentation to Spring 2016 STARTUP Conference, Rapid City, SD, June 2016.
• “Considerations Beyond the Gas Network Asset Safe Harbor”, joint presentation with Carol Conjura to American Gas Association Taxation Committee Meeting, Austin, TX, June 2015.
• “Industry State Tax Accounting Issues” panel discussion to Spring 2015 STARTUP Conference, Richmond, VA, June 2015.
• “Renewable Tax Credits- Tax Structures, Purchase Price Allocations and Appraisals, Regulatory Recovery Strategies” panel presentation to Edison Electric Institute Taxation Committee Meeting, Charleston, SC November 2014.
• “IRS Private Letter Ruling- Normalization Rules for Public Utilities” presented to NARUC Staff Subcommittee on Accounting and Finance, Pittsburgh PA, September 2014.
• “Master Limited Partnerships (“MLP”) versus Real Estate Investment Trusts (“REIT”)” presented to American Gas Association, Portland OR, June 2014.
• “Hot Topics: Latest tax issues affecting the industry including rate case issues and the latest on capitalization guidance” moderated at KPMG Power and Utility Tax Share Forum, Houston, TX May 2013.
• “Industry Hot Topics: Rate-regulated activities; regulatory aspects of repairs; IRS Form 1099 reporting; FACTA; and the development cost issues around the build-out of transmission lines” moderated at KPMG Power and Utility Tax Share Forum, Houston, TX, May 2012.
• “Bonus Depreciation Impact on Utilities” presented to NARUC Staff Subcommittee on Accounting and Finance, Denver CO, September 2011.
• “Utility Scale Solar Tax Issues” presented to Solar Energy Industries Association (SEIA) Tax Workshop, New York, New York, July 2011.
• “Bonus Depreciation” presented to AGA/INGAA Taxation Committee, Boulder CO, June 2011.
• “FIN 48: Application to Electric and Gas Utilities” presented to Texas Society of CPA’s 2010 Energy Conference, Austin, TX, May 2010.
• “State and Federal Tax Incentives- What are They and Who Needs Them?” presented to Renewable Energy CLE Conference, Lincoln, NE, May 2010.
• “Hot Topics Panel” moderated and presented to KPMG Power and Utility Tax Share Forum, Washington D.C., April 2010.
• “Taxes and Their Impact on Rates- Consolidated Tax Adjustment Issues” presented to AGA INGAA Tax Policy Conference, Washington D.C., November 2009.
• “FIN 48 Update for Nonpublic Entities” presented to Omaha Professional Education Seminar, Omaha, NE, September 2009.
• “Federal Tax Legislation Update” presented to The Association of Governmental Accountants- Omaha Metro Area, Omaha, NE, October 2008.
• “Partnership Allocations” presented to Exnet 23rd Annual Utility Tax Conference, Washington D.C., May 2008.
• “IRS Guidance on Wind Energy Projects” presented to KPMG TaxWatch Webcast: Key Developments and Issues Affecting the Power & Utilities Industry, December 2007.
• “FIN 48” presented to Omaha Professional Education Seminar, Omaha, NE, October 2007.
• “Accounting for Uncertainty in Income Taxes – FIN 48” presented to Exnet 22nd Annual Utility Tax Conference, Washington D.C., May 2007.
• “Tax Implications of FIN 48” presented to KPMG TaxWatch Webcast: Key Developments and Issues Affecting the Power & Utilities Industry, February 2007.
• “FIN 48 – Accounting for Uncertainty in Income Taxes/ FAS 109” presented at Tulsa Professional Education Seminar, Tulsa, OK, September 2006.
• “Tax Developments- Consolidated Tax Adjustment Update” presented to KPMG TaxWatch Webcast: Key Developments and Issues Affecting the Power & Utilities Industry, July 2006.
• “FAS 109 and Sarbanes-Oxley Disclosures” presented to KPMG Power and Utility Tax Share Forum, Colorado Springs, CO, May 2005.
• “Sarbanes-Oxley Section 404 Tax Department Impacts” presented to KPMG Power and Utility Tax Share Forum, Washington D.C., October 2003.