§  36.411   Operating taxes—Account 7200 (Class B Telephone Companies);
Accounts 7210, 7220, 7230, 7240, and 7250 (Class A Telephone Companies).

   (a) This account includes the taxes arising from the operations of the
   company, i.e.,

   Operating Investment Tax Credits

   Operating Federal Income Taxes

   Operating State and Local Income Taxes

   Operating Other Taxes

   Provision for Deferred Operating Income Taxes